A $3 billion urea project planned by John Poytnon-chaired Strike Energy in Western Australia could have sold out several times over amid keen appetite from buyers in Australia, which will next year lose any domestic manufacturing for a compound critical for the agricultural sector.
A process that kicked off seven to eight months ago to seek customers for the 1.4 million tonnes a year of urea planned at Project Haber near Geraldton in the WA wheat belt “has been oversubscribed for offtake several times over”, said Strike chief executive Stuart Nicholls.
