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S PROVINCE RESOURCES LIMITED ZERO CARBON HYDROGEN ™ 28 October 2021 Province Resources Limited ( ASX : PRL ) ( the Company or Province ) is pleased to report on its September 2021 quarter activities . HYENERGY ™ PROJECT Scoping activities continued on the HyEnergy ™ Project throughout the quarter , focussed on increasing the technical understanding of the Project , progressing land tenure options , engagement with Traditional Owners and other stakeholders , commencing on - site environmental studies and undertaking preliminary discussions with potential customers . Technical Activities Under the terms of its binding Memorandum of Understanding ( MoU ) with Total Eren , scoping activities progressed in order to identify the potential land requirements needed to support a minimum 8GW facility producing green hydrogen for domestic and international customers . One of the shipping solutions under active consideration is the production of compressed hydrogen for export . Province signed an MoU with Global Energy Ventures ( ASX : GEV ) to evaluate the technical and commercial feasibility of exporting green hydrogen from the HyEnergy ™ Project . The scope includes transport from the onshore hydrogen gas production facility to an offshore ship loading buoy and then on to nominated Australian or other Asia - Pacific markets utilising GEV's compressed hydrogen shipping solution . The purpose of the Study is to provide the HyEnergy ™ Project partners with sufficient confidence to warrant the selection of compressed hydrogen as a preferred transport method in the next phase of project engineering . The MoU is non - binding , non - exclusive , and expires on 31 December 2022 . GEV was subsequently successful in an application to the Western Australian Government and the WA Renewable Hydrogen Fund for funding of the HyEnergy ™ Project export study . The grant is up to $ 300,000 excluding GST . Subsequent to the quarter , GEV announced key consultants had been appointed to support the Study , being WSP , ERM and Oropresa . WSP is the project lead , responsible for the overarching technical and commercial assessment . ERM will undertake environmental management with a focus on defining risks , constraints , and the path to approvals . Oropesa's appointment covers the offshore terminal design and Gascoyne shipping operations . GEV also received Approval in Principle from the American Bureau of Shipping for its pilot compressed hydrogen ship with a 430 - tonne cargo capacity . Province Resources Ltd ABN 83 061 375 442 358 Rokeby Road , SUBIACO WA 6008 PH : +61 8 9329 6862