Iron Road Ltd is pleased to advise that the Company is in the final stage of
selecting one lead developer for the Cape Hardy green hydrogen project, having concluded the evaluation of key
commercial terms and capability criteria originating from the three strongest bids.
As previously advised, Iron Road expected to formalise a Strategic Framework Agreement and execute associated
binding terms with the successful proponent prior to the end of Q1 2023. This is now anticipated to occur no later
than mid-April 2023.
Underpinning tangible support from key stakeholders including all tiers of government for the proposed
greenfield, deep water port project on the Eyre Peninsula is acknowledgment that the Cape Hardy development
will bring together agriculture, mining, renewable hydrogen, green manufacturing and First Nations businesses
into a multi-user, multi-commodity manufacturing and export hub in South Australia.
Iron Road was privileged to be represented at the
South Australian Department for Trade and Investment
booth at the recent Fuel Cell Expo (FC Expo) in Tokyo,
15-17 March 2023.
The outbound mission showcased how the
Government of South Australia can further support
credible hydrogen projects in the State to create
manufacturing opportunities and was led by the Hon
Nick Champion MP, Minister for Trade and Investment
and the Department for Trade and Investment with the
support of the Department for Energy and Mining and
the Office of Hydrogen Power South Australia.
Authorised for release by the board of Iron Road Ltd
