Cash-poor Kimberley fracker Black Mountain expects WA decision soon
The US-owned company is seeking funds from investors to stay a going concern while it awaits state and Federal approval.
Geothermal energy utilises heat far below the ground to create steam, typically for power generation. There is no geothermal power operating in WA.
Two companies are chasing geothermal energy in WA but others must wait to compete for new acreage due to be released by September.
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