NH3 Clean Energy Says Western Australia Project Receives Major Project Status; Shares Near One-Year High

MT Newswires Live05-05

NH3 Clean Energy's (ASX:NH3) WAH2 project in Western Australia received Major Project Status (MPS) from the Australian Government for a three-year period, according to a Tuesday filing with the Australian bourse.

The MPS allows access to the Major Projects Facilitation Agency, collaborating with state and territory governments to expedite approvals for projects aligned with national strategic priorities, the filing said.

In addition, the MPS supports the pathway towards a final investment decision targeted by year-end, with first production expected by the end of 2029, per the filing.

Shares rose 13% in afternoon trade Tuesday and earlier reached their highest since October 2025.

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