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High Peak Royalties acquires green hydrogen project royalty
As well as diversifying the existing royalty portfolio, this agreement with ScimTek Hydrogen is a key move by the company to enhance its environmental, social and governance (ESG) credentials.
The ScimTek project is anticipated to significantly reduce the cost of hydrogen production.
High Peak Royalties Ltd (ASX:HPR) has expanded its diverse royalty portfolio by entering a Memorandum of Understanding (MOU) for investment and royalty rights with ScimTek Hydrogen Ltd.
The agreement is intended to be legally binding and provides certain rights to High Peak in exchange for a purchase price of $300,000, which includes a 1% royalty on the sales of ScimTek Hydrogen products capped at $30 million. ....

High Peak , New South Wales , Andrew Carroll , Mobin Nomvar , Scimtek Hydrogen , Kinaltek Pty Ltd , Scimtek Hydrogen Ltd , Scimita Ventures Pty Ltd , Peak Royalties , Tek Hydrogen , Kinaltek Pty , உயர் உச்சம் , புதியது தெற்கு வேல்ஸ் , ஆண்ட்ரூ கரோல் , உச்சம் ஆதாய உரிமைகள் ,