ASX Announcement | |
only | Pure Hydrogen to Pursue Turquoise Hydrogen |
Production | |
Signs binding term sheet with French high-technology company Plenesys to collaborate on the | |
use | |
commercialisation of the Plenesys HyPlasma process | |
Pure Hydrogen has built considerable expertise in Methane Pyrolysis hydrogen production, and | |
when combined with HyPlasma, uses Plenesys' patented A/C Plasma Torch to convert methane | |
into hydrogen ("Turquoise Hydrogen") and value-add solid carbon products | |
Collaboration to commence on a pilot plant to be built in Brisbane in the next 12 months | |
Commercial scale operation planned with capacities of 1,500kg up to 5,000kg per day of | |
hydrogen, and 4,500kg up to 15,000kg per day of carbon products | |
Pure will have exclusive rights to commercialise the Hyplasma process in Australia, other key | |
South East Asian countries and Sub Saharan Africa | |
Sydney, 14 March 2022: Australian east coast clean energy company, Pure Hydrogen Corporation Limited, | |
personal |
(ASX: PH2 or 'Pure Hydrogen') is pleased to advise that it is proceeding with its plans to manufacture Turquoise Hydrogen through the signing of a binding collaboration and licence term sheet with French technology company Plenesys to commercialise the Plenesys HyPlasma process. The collaboration will commence with a pilot plant (demonstration plant) in Brisbane, planned for commissioning within the next 12 months, followed by full commercial scale modules in our exclusive markets in Australia, Asia Pacific and Sub Saharan Africa1.
Pure Hydrogen has been investigating Methane Pyrolysis (Turquoise Hydrogen), for the last two years and lans to use the HyPlasma process to prove commercial manufacturing of 21st century clean energy
products: hydrogen and value-add carbon products, including Graphene, from natural gas and bio- methane.
ForPure Hydrogen will have exclusive rights to commercialise the HyPlasma process in Australia, as well as in ther key South East Asian countries and southern Africa for an initial 10-year period, with options to
extend the length of exclusivity and add new regions.
Pure Hydrogen Corporation Limited
Call 02 9955 4008 or visit purehydrogen.com.au
Comment | |
only | Pure Hydrogen Managing Director Scott Brown said: "Turquoise Hydrogen is a cleaner use of |
natural gas (methane), and Graphene has many emerging applications in electronics and high- | |
strength, light-weight materials, which is particularly important in the production of batteries, | |
electronic equipment, fabrication and building materials. Graphene can be absolute game changer in | |
so many products. As an example, Lowering the weight of an EV is equally important as delivering | |
clean energy to power it as less weight equals less fuel and greater range. | |
Our initial programme is focussed on demonstrating and refining the process, before commencing | |
use | commercial scale operations. It is no doubt there is significant upside for the technology globally." |
Natural | |
Gas CH4 | |
personal | Image 1: The HyPlasma Process |
The HyPlasma process is a form of methane Pyrolysis, which is the thermal decomposition of | |
methane molecules in an oxygen-free reaction chamber. The key component is Plenesys' unique | |
patented A/C Plasma torch system which allows continuous, automated operation. The process | |
consumes 5 times less electricity than an equivalent capacity green hydrogen electrolysis process, | |
consumes no water, and produces no CO or CO2 emissions. | |
For | Commercial modules will enable fast deployment at locations with or near gas distribution networks |
or bio-methane sources, and installed near consumers to avoid hydrogen transport. | |
Along with hydrogen, PH2 is ultimately targeting high-value carbon products including Graphene and | |
carbon nanotubes |
Low-priced hydrogen = hydrogen economy Low-priced Graphene = Graphene economy
21st Century economies, AND Global emissions reduction
When operated with renewable electricity and bio-methane, the process can become carbon- negative. The Term Sheet is subject to customary terms conditions precedents including technical due diligence.
1. Asia Pacific includes New Zealand, Japan, India, Singapore, Indonesia, Malaysia and South Korea. Sub Saharan Africa includes all countries in Africa south of the Equator.
Pure Hydrogen Corporation Limited
Call 02 9955 4008 or visit purehydrogen.com.au
For personal use only
For further information, please contact:
Pure Hydrogen: Managing Director - Scott Brown +61 2 9955 4008
Released through: Ben Jarvis, Six Degrees Investor Relations, +61 (0) 413 150 448
About Pure Hydrogen Corporation Limited
Pure Hydrogen is an Australian east coast focused Clean Energy Company with Hydrogen, Gas and mobility businesses including a strategic interest in H2X Global Limited. The Company has 5 Hydrogen projects under development and 3 gas projects, Windorah Gas Project in the Cooper Basin, Australia's most prolific onshore producing petroleum basin, Project Venus CSG in the Surat Basin in Queensland and the Serowe Project CSG in Botswana.
For further detailswww.purehydrogen.com.au
About Plenesys
Plenesys is a French multi-awarded innovative company developing cutting-edgePlasma-based technologies and processes. The founders have significant expertise in Plasma science, and have a team of highly qualified Scientists and Engineers on staff.
Plenesys hold a portfolio of patents on the HyPlasma core equipment and process, as well as unique know-how in plasma stabilisation with Artificial Intelligence software, allowing an optimized and continuous operation for the production of clean hydrogen and value-add carbon products.
For further detailshttps://plenesys.com/about/
Image 2: The Plenesys A/C Plasma Torch
About Graphene
Graphene is a single layer of carbon atoms - a 2-dimensional structure, with amazing properties
- World's thinnest, strongest and most electrical and heat conductive material
- 200 times stronger than steel
- Harder than diamond
- Extremely lightweight and flexible
- Excellent heat and electricity conductor
- Multiple 21st Century applications
- Lighter cars, trucks, planes …
- More efficient batteries and solar panels
- Higher strength bricks, concrete and steel = reduced costs
- Faster and more efficient electronics
- Stronger and cheaper carbon fibre applications
- Paints, coatings and lubricants
- Biomedical
Pure Hydrogen Corporation Limited
Call 02 9955 4008 or visit purehydrogen.com.au
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Turquoise Hydrogen | |
Plasma Arc - Methane Pyrolysis | |
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personalr | A high growth ESG story |
Pure Hydrogen Corporation Limited | |
March 2022 ( ASX: PH2)
METHANE PYROLYSIS
What is it? | |||
only | |||
• Creation of Hydrogen by thermal | Deposited Carbon | ||
decomposition of Methane | |||
• High Temperature splits the CH4 | |||
molecule into solid C and H2 gas | |||
components | |||
use | |||
• Pyrolysis processes have been around | |||
for decades | |||
• Pyrolysis methods can manufacture | CH4 | H2 | |
Hydrogen and Carbon Black with little or | |||
no emissions | |||
personalImage sourced from websites. | 2 | ||
Heat | |||
r | |||
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Pure Hydrogen Corporation Ltd. published this content on 13 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 March 2022 22:13:02 UTC.