BPH Energy has announced a further $250,000 investment in Clean Hydrogen Technologies, which will see its stake rise to 17.5% together with investee Advent Energy.
The latest move follows BPH advising ASX about funding agreements for $500,000 on April 27. BPH and Advent paid $1m for a combined 10% interest in Clean Hydrogen last August.
Clean Hydrogen Technologies doesn’t burn natural gas, but processes it to make turquoise hydrogen.
It is currently building a system for commercial use, using their own catalysts and bespoke engineering processes, to generate clean hydrogen and solid carbon which has many uses including conductive carbon used to manufacture batteries.
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