Category: Oceania

Australia’s NH3 Clean Energy, formerly Hexagon Energy Materials, has signed a memorandum of understanding with the Pilbara Ports Authority to explore options for the loading and export of 600,000 tonnes per annum (TPA) of clean ammonia from its flagship WAH2 project. The MoU is intended to establish operational arrangements and binding agreements supporting ammonia export from the project, covering ship loading for both export and bunkering customers. Ammonia would be transported from the WAH2 plant to the port of Dampier by a newbuild pipeline located in the existing infrastructure corridor and loaded onto ships at the port’s bulk liquids berth, subject to availability and commercial agreements.

The Saipem Clough Joint Venture says that it has reached a major milestone on Perdaman’s Project Ceres urea plant, with the completion of construction of the first modules. The batch has been successfully loaded out and shipped from the project’s modular fabrication facility in India to its destination in Western Australia. Once completed, the 2.3 million t/a facility will be the largest urea plant in Australia. Clough and Saipem in a 50-50 joint venture, are delivering the engineering, procurement of equipment and materials, construction, pre-commissioning and commissioning for the urea project.

Orica says it has achieved a decarbonisation milestone by eliminating 1.0 million tonnes of carbon dioxide equivalent (CO2-e) from its Kooragang Island site, the equivalent of taking 600,000 cars off the road. The emissions reduction is the result of deployment of tertiary abatement technology on three nitric acid plants, in a project co-financed by the New South Wales Government’s Net Zero Industry and Innovation Program and the Federal Government’s Clean Energy Finance Corporation. The Clean Energy Regulator also approved the project as eligible to generate Australian carbon credit units.

BHP has awarded a significant engineering, procurement, and construction management (EPCM) contract to a joint venture between Fluor Australia Pty Ltd and Hatch Pty Ltd. The A$40 million contract is for the first phase of the proposed expansion of BHP's copper smelter and refinery facilities in South Australia, as the company moves towards a final investment decision on the smelter and refinery expansion, currently anticipated in the first half of FY27. The initial stage focuses on strategic planning and development during the project's study phases. Subsequent stages will cover detailed engineering, procurement, and construction management as the project advances.

Glencore says it is working with the Queensland government to secure the future of the Mount Isa copper smelter. The company had previously indicated that it would close the smelter in 2030, but recent media reports suggest that the government is looking at assistance to keep the smelter operational, which currently treats more than 1 million t/a of copper concentrate and supplies sulphuric acid to other industries locally, including phosphate production.

OCP Group has launched what it calls the Mzinda-Meskala Strategic Programme, aimed at significantly expanding fertilizer production in the country. Initially announced in December 2022, the program is set to enhance production capacity in two key regions: the Mzinda-Safi Corridor and the Meskala-Essaouira Corridor. This initiative is part of OCP’s broader strategy to meet growing global demand for fertilizers while committing to long-term sustainability goals, including achieving carbon neutrality by 2040.

Short term supply constraints are dominating acid markets at present, but increasing smelter production across Asia may lead to oversupply in the longer term.

Methanex Corporation has entered into a definitive agreement to acquire OCI Global’s international methanol business for $2.05 billion. The transaction includes OCI’s interest in two world-scale methanol facilities in Beaumont, Texas, one of which also produces ammonia. The transaction also includes a low-carbon methanol production and marketing business and a currently idled methanol facility in the Netherlands.

OCI Global says that it has reached an agreement for the sale of 100% of its equity interests in its Clean Ammonia project currently under construction in Beaumont, Texas for $2.35 billion on a cash and debt free basis. The buyer is Australian LNG and energy company Woodside Energy Group Ltd. Woodside will pay 80% of the purchase price to OCI at closing of the transaction, with the balance payable at project completion, according to agreed terms and conditions. OCI will continue to manage the construction, commissioning and startup of the facility and will continue to direct the contractors until the project is fully staffed and operational, at which point it will hand it over to Woodside. The transaction is expected to close in H2 2024, subject to shareholder approval.

In its most recent interim report, published on August 15, renewable energy developer Ørsted said that it was abandoning the FlagshipONE renewable methanol project because the anticipated market for green methanol as a marine fuel had not materialised as quickly as expected. The strategic decision comes nearly two years after final investment decision (FID) on the project.