Articles tagged with Aspiring Materials Limited

$15M Regional Fund Boosts Aspiring Materials' Green Hydrogen & Critical Minerals Plant

3 hours ago | 23 views

The Regional Infrastructure Fund will invest $15 million in Aspiring Materials Limited to develop a $31 million commercial-scale facility in Southland that produces green hydrogen and critical minerals using patented technology. This government-supported project aims to boost economic development, reduce emissions in sectors where electrification is challenging, and strengthen New Zealand’s energy sector through innovation and advanced manufacturing. The funding, part of an $80 million allocation for critical minerals, highlights the government's commitment to diverse energy solutions and regional growth.

Tags: Shane Jones Aspiring Materials Limited Regional Infrastructure Fund New Zealand hydrogen green hydrogen critical minerals Regional Development Hydrogen Action Plan Christchurch

Government Invests $15M in Southland Facility for Green Hydrogen and Critical Minerals

3 hours ago | 40 views

The Regional Infrastructure Fund will invest $15 million in Aspiring Materials Limited to develop a $31 million commercial-scale plant in Southland that produces green hydrogen and extracts critical minerals from quarry waste using patented technology. This government-backed initiative aims to boost economic development, support energy innovation, and position New Zealand’s regions to capitalize on emerging industrial opportunities, particularly in sectors where hydrogen can reduce emissions. The funding, part of an $80 million allocation for critical minerals projects, aligns with the Hydrogen Action Plan to diversify energy solutions and enhance economic resilience.

Tags: Shane Jones Aspiring Materials Limited Regional Infrastructure Fund Hydrogen Green Hydrogen New Zealand Regional Development Hydrogen Action Plan Critical Minerals Energy Innovation