Fortescue counts on white hydrogen with $21.9m investment in HyTerra

In recent news for HyTerra, we have received a major vote of confidence after Andrew Forrest’s Fortescue acquired a strategic 39.8% interest in the company for $21.9m as covered by Stockhead and The Australian.

This is a great result for the company, with proceeds allowing us to expand the planned two well program into a six well campaign. A strategic alliance will be formed to progress Nemaha and explore global opportunities.