NT home to Australia’s first HySustain green hydrogen plant

This $800m vanadium-titanium-iron project is the largest critical minerals project in the world and it’s happening in Australia.

About 230km north of Alice Springs, TNG Ltd’s Mount Peake project promises to be a significant economic generator for the Northern Territory – in more ways than one.

The $800m vanadium-titanium-iron project is the largest critical minerals project in the world and TNG’s directors are keenly aware of their responsibilities to ensure the mine leaves the smallest possible environmental footprint.

The processing plant that will service the mine was intended to be built 1300km further north on Darwin Harbour on land offered to the company by the NT government.

The Mount Peake mine site Picture: TNG Limited

Issues around development permits and a reassessment of TNG’s gas requirements saw the company announce recently the processing plant will be built at Mt Peake.

It sprung a surprise when it asked the NT Government to keep the Darwin Harbour site to develop a green hydrogen processing plant in partnership with Malaysian company AGV Energy and Technology.

It will be Australia’s first HySustain green hydrogen plant.

TNG managing director Paul Burton.

Mount Peake drilling.

“We fitted this into our overall plan because building a big project like this in today’s environmental concerns, you haveto have plans for being a net-zero carbon producer,” TNG managing director Paul Burton said.

“Green hydrogen is one of the ways for us to go and we have not gone into this blindly.”

For more on this series go to: www.missionzero2050.com.au

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Originally published as NT home to Australia’s first HySustain green hydrogen plant