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ARENA backs Queensland’s large-scale renewable hydrogen project in Gladstone

The Australian Renewable Energy Agency (ARENA) announced $20 million in financing to Stanwell Corporation Limited (Stanwell) on behalf of the Australian Government to assist a front-end engineering and design (FEED) study for a large-scale renewable hydrogen project in Gladstone, Queensland.
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.