Hexagon Energy Materials Limited (ASX: HXG) is an Australian company focused on advancing its flagship WAH2 project, aimed at meeting the rising demand for low-emission ammonia in the thriving Asian market.
WAH2 is a low-cost, low-emissions ammonia export project aimed at tapping into the rapidly growing Asian Coal Co-Firing Market. Countries like Japan are actively working to reduce their carbon emissions by substituting coal with ammonia in their thermal power stations, leading to a projected surge in ammonia demand over the next decade.
Hexagon’s WAH2 Project, based in Maitland WA, is the best-placed proposed low-emissions ammonia project in Australia.