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MEDIA RELEASE

29 April 2022

1414 Degrees welcomes federal funding

1414 Degrees (ASX:14D) welcomes today’s announcement by the Prime Minister and Minister for Industry, Energy and Emissions Reductions of the Government’s commitment to a total of $218 million to low emissions technology projects in South Australia.

“The announcement today further vindicates the investment that 1414 Degrees is making in our Aurora Energy Project near Port Augusta. The funding of these projects in the Eyre Peninsula, upper Spencer Gulf and Moomba will showcase the region as a clean energy hub, enable the continued creation of more jobs and support the decarbonisation strategies of industry in the area…” Matthew Squire, CEO of 1414 Degrees said.

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