Hexagon Energy Materials Limited (ASX: HXG) is an Australian company focused on the exploration for and development of energy materials projects and the development of clean energy projects.
Hexagon is focussed on establishing and growing a business to deliver decarbonised hydrogen into export and domestic markets. The Pre-Feasibility Study for the NT (Pedirka) Hydrogen Project, located in Australia’s Northern Territory, utilising gasification and carbon capture and storage (CCS), is in progress.
Hexagon’s plan is to progressively increase its renewable energy inputs and lower its carbon, transitioning from blue to green hydrogen production, on a commercial basis over time.
Hexagon also owns the McIntosh Nickel-Copper-PGE and Graphite project in Western Australia (WA) and the Halls Creek Gold and Base metals project also in WA. In the US, Hexagon has an 80 per cent controlling interest of the Ceylon Graphite project in Alabama, over which South Star Battery Materials Corp. (TSXV: STS) on 7 December 2021 signed an Option to earn up to 75% in.
Hexagon is actively progressing value accretive transactions consistent with its strategy, skill set, and focus on clean energy materials and clean energy.