Lion Energy Limited, in collaboration with DGA Energy Solutions Australia Pty Ltd and Samsung C&T Corporation, has finalized a joint development agreement to establish a green hydrogen hub at the Port of Brisbane, Australia. The agreement involves an initial contribution of A$3.7 million from each of DGA and Samsung C&T, securing them a 25% stake in the project. Following this, a debt financing of A$6.3 million will be arranged to cover the project's capital requirements upon the decision to proceed with construction. The ownership structure of the project company, Lion H2 Energy Pty Ltd, will see Lion Energy holding a 50% stake, with DGA and Samsung C&T acquiring 25% each. This partnership is seen as a significant step toward promoting green hydrogen in Australia and strengthening Lion Energy's position in the sector. The green hydrogen production and distribution facility at the Port of Brisbane is expected to have a production capacity exceeding 300 tonnes annually, positioning it as a potential model for similar facilities in the region. Lion Energy's strategic vision includes becoming a key player in facilitating the transition of the heavy transportation industry towards zero emissions.