State Gas Ltd. (AU:GAS) has released an update.
State Gas Limited has inked a pioneering contract with Thiess Pty Ltd to supply compressed natural gas (CNG) to the Curragh Coal Mine, marking a significant step in eco-friendly mining initiatives. The company’s innovative CNG facility, poised to commission in April 2024, is expected to exceed its initial production targets, offering a green alternative to diesel for mine-trucks. This venture not only serves as a model for sustainable practices in the mining industry but also positions State Gas to capitalize on future opportunities in the sector.
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