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.

 

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