- Green ammonia and ammonium nitrate producers take step toward Oakajee Strategic Industrial Area (SIA) lease
- Two of six proponents allocated land for key strategic hydrogen projects
- Area to generate significant investment, employment and value production for the Mid-West and wider WA
Kinara Power and Blue Diamond are the first of six companies to agree to the key terms on options to lease land in the Oakajee Strategic Industrial Area.
The companies, which produce green ammonia, a derivative of hydrogen and ammonium nitrate, are two of six proponents allocated space in the renewable hydrogen industrial precinct.
The Oakajee SIA is located approximately 435 kilometres north of Perth and 23 kilometres north of Geraldton and is recognised for its world class wind and solar energy potential to develop into a globally competitive, multi-product renewable hydrogen industrial precinct.
Once operational, it's anticipated the Oakajee SIA will generate significant investment, employment and value production for not only the Mid-West region but the whole of Western Australia.
To date the State Government has committeed $55 million to the activation of the Oakajee SIA including $5.5 million to deliver a number of site activation studies which are expected to be finalised in around 12-18 months.
It's one of 13 SIAs across the State established to provide locations for investment in strategic, heavy industrial and downstream processing industries to support the Government's objective to diversify the State's economy.
As stated by State Development, Jobs and Trade Minister Roger Cook:
"The WA Government welcomes this significant step to progress the development of the Oakajee Strategic Industrial Area in our State's Mid-West.
"Clean energy and green products made from renewable hydrogen are in demand globally. With its excellent mix of wind and solar resources, WA and in particular the Mid-West region are perfectly placed to meet these demands.
"We have made a significant investment in this SIA which has the potential to help transform and diversify our economy and create more long-term jobs for Western Australians."