Traditional owner consents secured for green hydrogen project

This morning our green hydrogen investment, Province Resources (ASX: PRL) announced progress with respect to securing key stakeholder support for its green hydrogen project in WA.

PRL announced that it has secured land access consent from native title groups covering ~870 square kilometres of land.

Importantly, these consents are a prerequisite for the WA Government to issue Section 91 licences, giving PRL the access it needs to start feasibility study works. So far PRL has secured two Section 91 licences.

PRL also confirmed that it is “continuing discussions with pastoralists, local government and other stakeholders to finalise tenure for the project”.

Securing land access arrangements can be a big hurdle to overcome given the large land footprint a project as big as PRL’s would be situated on. Effectively, without the support of key stakeholder groups, there would be no project to develop.

What’s next: We are watching to see PRL execute its Joint Development Agreement (JDA) with Total Eren which is now due by 31 July 2022.