NH3 Clean Energy Limited (ASX:NH3)

NH3 Clean Energy Limited, an Australian company, reported significant progress in the December 2025 Quarterly Activities Report. Key developments include the advancement of the WAH2 Project, which is focused on supplying low-emissions ammonia to the Asia Pacific region. During the quarter, NH3 secured key Memorandums of Understanding (MoUs) with Mitsui O.S.K. Lines and ITOCHU Corporation to establish ammonia bunkering operations, targeting an aggregation of 600,000 tonnes per annum of clean ammonia demand. The company also received approval for facilitation support under the Western Australian Government's Lead Agency Framework, which aids in streamlining regulatory processes. Financially, NH3 raised $4 million through a private placement to support Front End Engineering and Design (FEED) activities for the WAH2 Project. The project remains on track for a final investment decision by the end of 2026, with production aimed to begin by end 2029. The company engaged with the Northern Australia Infrastructure Facility for potential funding and conducted environmental surveys which yielded favorable results, indicating no significant delays for the project.