Pure Hydrogen : to Pursue Turquoise Hydrogen Production
Mar 13, 2022
(ASX: PH2 or 'Pure Hydrogen') is pleased to advise that it is proceeding with its plans to manufacture Turquoise Hydrogen through the signing of a binding collaboration and licence term sheet with French technology company Plenesys to commercialise the Plenesys HyPlasma process. The collaboration will commence with a pilot plant (demonstration plant) in Brisbane, planned for commissioning within the next 12 months, followed by full commercial scale modules in our exclusive markets in Australia, Asia Pacific and Sub Saharan Africa1. Pure Hydrogen has been investigating Methane Pyrolysis (Turquoise Hydrogen), for the last two years and lans to use the HyPlasma process to prove commercial manufacturing of 21st century clean energy
products: hydrogen and value-add carbon products, including Graphene, from natural gas and bio- methane. ForPure Hydrogen will have exclusive rights to commercialise the HyPlasma process in Australia, as well as in ther key South East Asian countries and southern Africa for an initial 10-year period, with options to
extend the length of exclusivity and add new regions.