EQS-Adhoc: thyssenkrupp nucera selected by PGS as preferred supplier for 1.4 GW hydrogen project in Australia


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EQS-Ad-hoc: thyssenkrupp nucera AG & Co. KGaA / Key word(s): Incoming Orders
thyssenkrupp nucera selected by PGS as preferred supplier for 1.4 GW hydrogen project in Australia

28-Aug-2025 / 09:41 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

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thyssenkrupp nucera has been selected by Australia's Progressive Green Solutions (PGS) as the preferred supplier of electrolysers with a total capacity of 1.4 gigawatts for the production of green hydrogen for the Mid-West Green project in Western Australia.

PGS plans to use the hydrogen to produce green iron pellets and green hot briquetted iron (HBI). The process will be powered entirely by renewable energy and green hydrogen. This is expected to significantly reduce CO2 emissions compared to traditional steel production.

thyssenkrupp nucera will continue to develop the project, which is currently still in an early planning phase, together with the customer and work toward signing an EPF (engineering, procurement, fabrication) contract. The realization of the project is subject to a final investment decision (FID). This project is not expected to have any relevant impact on thyssenkrupp nucera's sales and earnings before fiscal year 2026/27.

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End of Inside Information

28-Aug-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: thyssenkrupp nucera AG & Co. KGaA
Freie-Vogel-Str. 385 a
44269 Dortmund
Germany
Phone: +49 231-22972-7100
E-mail: info@thyssenkrupp-nucera.com
Internet: www.thyssenkrupp-nucera.com
ISIN: DE000NCA0001
WKN: NCA000
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2189822

 
End of Announcement EQS News Service

2189822  28-Aug-2025 CET/CEST

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25.08.26 thyssenkrupp nucera Hold Joh. Berenberg, Gossler & Co. KG (Berenberg Bank)
30.06.26 thyssenkrupp nucera Neutral Goldman Sachs Group Inc.
11.05.26 thyssenkrupp nucera Outperform RBC Capital Markets
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19.03.26 thyssenkrupp nucera Buy Deutsche Bank AG

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