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PROVINCE RESOURCES LTD

At present, Province Resources (PRL) mainly focuses on the exploration and development of mineral resources which include copper, gold, nickel, cobalt, vanadium, etc. The company goal is to take advantage of the growing use of these commodities in the growing green energy market.

Additionally, Province Resources is investigating world class wind and solar resources in the Gascoyne and Carnarvon region for their potential partnership with Total Eren to build a 8GW HyEnergy project.

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PROJECS & PERSPECTIVES

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SWEETMAN RENEWABLES

Sweetman Renewables (SR) has ambitious plans to expand existing sawmilling operations to utilise additional log resources, notably low-quality logs, through a new automated high-speed log processing facility.

Investment Highlights


Sweetman Renewables has entered into a contract sale of the Sweetman Sawmill business for total consideration of A$3.5 million, of which a A$350,000 deposit has been paid to the vendors. The business is set on 100 acres of prime freehold land in the NSW Hunter Valley with a 100 year track record of operations. Only hardwood sawmill in operation between Sydney and Newcastle making it an important supplier to these key regions. Long-term existing timber contracts with NSW Forestry Corporation with scope to acquire more. Expansion plans to double production capacity to meet growing demand from customers across Australia. 
 

H2X

H2X is a sustainably focused vehicle manufacturer focused on decarbonising the transport sector and developing a new, internationally scalable production industry within Australia. Studies show the transport industry makes up for a quarter of global greenhouse gas emissions. For this reason, our mission is to offer a genuine solution and help the world transition to 100% emissions-free power.

Investment Highlights

As net-zero becomes the universal standard, hydrogen is forecasted to become a global market worth US$201 billion by 2025.
Groundbreaking business set to redefine automotive standards and decarbonise an industry worth over US$2.7 trillion.
Australian-first, patented technology, using innovative applications scalable across global markets.
H2X was founded on a shared vision to harness the power of renewable energy to take the automotive sector into industry 5.0. Our mission is to create Australia’s first hydrogen fuel cell electric vehicle manufacturing company.
 

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