Published on Friday, 26 May 2023 at 8:00:00 AM

Kinara Power and Blue Diamond Australia 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 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 WA.

To date the Government of Western Australia has committed $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.

Full media statement: First companies progress move to WA's Mid-West Hydrogen Hub | Western Australian Government (www.wa.gov.au)

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