Real Energy and Strata-X are set to become the merged entity Pure Hydrogen Corporation Limited, the company behind plans to create four large-scale hydrogen hubs on the East Coast of Australia.
The two companies said the name Pure Hydrogen reflects their active pursuit to build a large hydrogen business that establishes itself as a meaningful player in the emerging hydrogen economy.
The anticipated completion date of the merger is 9th March. Upon completion, Pure Hydrogen will be listed on the Australian stock exchange, ASX.
Pure Hydrogen, through its subsidiaries, is currently progressing its 100% owned Project Saturn, located near Miles, Queensland, and through its 60% owned Pure Hydrogen International Inc, the company plans to develop four large-scale hydrogen hubs on Australia’s East Coast – Project Jupiter (Gladstone), Project Mars (Mackay), Liberty North (Newcastle) and Liberty South (Port Anthony South East Victoria).
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