Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%
Lithium
44.08
0.36%
Gold
2,745.90
-0%
Copper
4.46
0.63%
Oil
71.45
(0.24%)
Bitcoin
68,671.64
1.31%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.90
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.60
1.62%
USD/AUD
0.66
0.25%
Hang Seng
20,866.36
2.24%

Hexagon Energy Materials (ASX: $HXG) secures gas supply agreement with Chevron

Hexagon Energy's Strategic Gas Supply Agreement


Hexagon Energy Materials (ASX:HXG) has announced a pivotal development in its WAH2 Clean Ammonia Project. The company has entered into a non-binding agreement with Chevron Australia for an Indication of Gas Supply. This agreement is a precursor to a formal gas sales and purchase agreement expected by September 2025, crucial for the project's aim to produce low-emissions ammonia.

Hexagon's Ambition for WAH2 Project


Hexagon Energy Materials has taken a substantial step forward with its WAH2 Project by securing a gas supply agreement with Chevron. This agreement will cover 60% of the project's Phase 1 requirements starting from 2029, with plans for a formal agreement by September 2025. The project aims to commence production by the end of 2028, focusing on delivering low-emissions ammonia to the Asia Pacific, particularly targeting Japan and South Korea. Hexagon's strategic goal is to displace more carbon-intensive energy sources and support the region's transition to cleaner energy, backed by strong partnerships and infrastructure development.

Executive Commentary on Chevron Agreement


The agreement with Chevron marks a significant milestone for Hexagon in advancing the WAH2 Project. It underscores our commitment to developing a viable clean ammonia business and our strategy to provide low-emissions energy solutions to the Asia Pacific region.

HEXAGON ENERGY MATERIALS LIMITED
HXG | ASX | Materials
0.0220(+0%)
At close 04/11 (AEDT)
Market cap
$11.3M
Volume
96,144
DY Yield
PE Ratio
52 Week Range
0.008 - 0.028
1YR Return
N / A

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