Chairman’s Address at the NeuRizer 2023 AGM

Topics cover include:

  1. Global Urea markets and supply chain issues, reinforcing the need for domestic manufacturing capabilities.
  2. Binding, long-term, take or pay offtake agreement with DL Trading for 500,000 tonnes of granular urea per year – valued circa $2B.
  3. Impact Assessed Development (previously known as “Major Project”) status for NeuRizer Urea Project.
  4. Certificate of Advanced Finding – provides revenue under R&D Tax Incentive program.
  5. Strategic Partner – Barrenjoey Capital Partners expertise – progress.
  6. Capital Raising initiatives – support from shareholders.
  7. Rights Issue currently in progress – several Directors and senior executives participating, including NRZ largest shareholder.
  8. Partnership with Meijin Energy Investments – strengthened through 2 projects  in China to produce large quantities of hydrogen for Meijin use.
  9. Bankable Feasibility Study – close to completion.

Chair's Address to Shareholders