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Climate Change

Mitsui to build $900m 'blue ammonia' plant in Australia

Trading house expects to export 1m tons of the clean-burning fuel to Japan

Mitsui & Co. will utilize its waste gas field in Western Australia to produce environmentally friendly "blue ammonia." (Photo courtesy of Mitsui & Co)

TOKYO -- Japanese trading house Mitsui & Co. will start producing environmentally friendly ammonia fuel, Nikkei has learned.

Mitsui plans to invest more than 100 billion yen ($899 million) to build a production plant for so-called "blue ammonia," which does not emit carbon dioxide when burned. The plant, which is to go up in Western Australia, will have the capacity to ship 1 million tons of the fuel to Japan annually.

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