NH3 Clean Energy and Pilbara Ports sign commitment agreement for lease of land at the Port of Dampier
NH3 Clean Energy Ltd. has signed a Commitment Agreement with Pilbara Ports Authority (Pilbara Ports) regarding the company’s intended lease of land at the Port of Dampier.
HIGHLIGHTS:
- The Commitment Agreement contemplates NH3 leasing a parcel of approximately 7.5 ha of land at the Port of Dampier to support the ammonia loading operations of its planned WAH2 clean ammonia project (WAH2 Project).
- Under the agreement, NH3 and Pilbara Ports will negotiate in good faith with the intent of agreeing and executing the lease no later than March 2027. During this period, the company has exclusive rights to negotiate a lease over the land.
- The agreement comes on the back of existing agreements concerning the shipment of clean ammonia and establishment of clean ammonia bunkering operations at the Port of Dampier.
- The land is intended to be used for ammonia storage buffering near the Port of Dampier Bulk Liquids Berth which would facilitate significant operational flexibility and expansion capability for the WAH2 Project.
This agreement further advances the collaboration that has been taking place between NH3 and Pilbara Ports regarding the handling, loading and export of clean ammonia to be produced by the WAH2 Project. NH3 outlined the importance of near-port ammonia storage as part of the development and expansion capacity for the clean ammonia business in its pre-FEED report.
The land covered by the Commitment Agreement would provide an appropriate location for near-port ammonia storage with the planned infrastructure providing operational efficiency, supporting significant operational flexibility and easing future expansion.
NH3’s Chairman Charles Whitfield commented, “Pilbara Ports continues to be a valuable and forward-looking partner in the development of the clean ammonia business both for bunkering and access to the international market. While we already have sufficient land for multiple expansion phases at the Maitland SIA site, appropriate land within the Port of Dampier is extremely scarce. Leasing this site should provide a significant benefit to the WAH2 Project for both initial operations and for future capacity expansion.”
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