Element Resources Acreage Lease at Rio Tinto US Borax California Operations
05.02.2024 By Tank Terminals - NEWS

May 02, 2024 [Storage Terminals Magazine]- Element Resources, a prominent figure in green hydrogen production, has announced the signing of a surface lease agreement with Rio Tinto at the Rio Tinto US Borax mine site in Boron, California. The agreement paves the way for the development of a green hydrogen production facility, complemented by a dedicated, co-located off-grid solar electric generation facility.

 

The initial phase of the partnership will involve Element Resources conducting a study period to assess the commercial viability of establishing a hydrogen production facility at the site.

Renny Dillinger, general manager of US Borax, expressed enthusiasm about the collaboration with Element Resources, highlighting its significance in advancing the journey towards net zero emissions. He emphasised Rio Tinto’s commitment to decarbonisation and expressed eagerness to collaborate with Element Resources in their endeavours.

Steve Meheen, founder, chairman & CEO of Element Resources, expressed his satisfaction with the agreement with Rio Tinto U.S. Borax. He articulated the company’s vision of establishing an industrial-scale green hydrogen production plant powered by solar energy at the site. Meheen underscored the immense potential of the site’s vast acreage and favourable solar conditions in facilitating large-scale hydrogen production, which would contribute significantly to decarbonisation efforts in California and the wider region.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

NextChem (MAIRE) Awarded the Licensing and Process Design Package for a Sustainable Aviation Fuel (SAF) Project Based on its Proprietary NX PTU™ and NX SAF™ BIO Technologies in Indonesia
12.20.2024 - NEWS
December 20, 2024 [Maire Group]- MAIRE (MAIRE.MI) announces that NEXTCHEM (Sustainable Technol... Read More
U.S. Crude Exports to Europe Expected to Fall in Jan as Shipping Economics Weaken
12.20.2024 - NEWS
December 20, 2024 [Reuters]- U.S. crude oil exports to northwest Europe are likely to slip early ... Read More
Energy Transfer's Unit Signs LNG Agreement with Chevron
12.20.2024 - NEWS
December 20, 2024 [Reuters]- U.S. pipeline operator Energy Transfer said on Thursday its unit has... Read More
Kinder Morgan's Unit to Go Ahead with $1.4 bln Mississippi Crossing Project
12.20.2024 - NEWS
December 20, 2024 [Reuters]- Kinder Morgan said on Thursday its unit Tennessee Gas Pipeline will ... Read More