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HOT ROCK LIMITED

ASX: HRL

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Hot Rock's vision is to become a world leader in clean energy by identifying premium geothermal resources, acquiring them and then developing and operating these resources to produce clean base load power using world best practice.

Geothermal energy is an exceptional source of clean, renewable and continuously available energy for power generation superior to solar and wind power because of the continuous flow of energy making it suitable for base load power without the need for energy storage.

Our projects are selected based on an extremely detailed technical criteria however we incorporate solid engineering and commercial parameters to ensure development of these resources will deliver significant financial returns to our shareholders. Therefore all our projects are in jurisdictions that have large population centres with significant power demand, attractive electricity pricing, green credits, supportive governments and efficient transmission grids.

Hot Rock Limited holds three geothermal tenements in the Otway Basin of Australia, containing multiple geothermal development targets.

The company also has exploration projects in Chile and Peru

Mine For

geothermal, hot rocks

Location of operation(s)

Queensland, Chile, Peru

Australian Basins

Otway

Address

Level 8 Waterfront Place 1 Eagle Street
BRISBANE, QLD, AUSTRALIA

Phone

(61 7) 3105 5960

Email

Website


Last Updated

21/02/2014

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.

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