Olympic Dam (100% owned)

"The Company's largest Australian geothermal prospect, with massive Inferred Resources of geothermal energy, situated next to a potential major customer and the national power grid."

Our Objective

To develop a 400 MWe power plant at Olympic Dam to provide 60 per cent of South Australia's 2020 renewable energy target.

The Project

The Olympic Dam Geothermal Energy Project is a wholly owned Green Rock Energy Limited project, located in central South Australia.

Green Rock Energy holds 2,157 km² of Geothermal Exploration Licences (GELs) over buried hot granites in the area surrounding BHP Billiton's Olympic Dam copper and uranium mine. An area of 650 km² holds inferred resources of 120,000 PJ of heat in place.

This project is situated on what the Company believes to be the most economically prospective hot dry rock, geothermal energy ground in Australia.

Location

The Olympic Dam Geothermal Energy Project is an ideally located, commercially attractive, geothermal energy project, with access to major markets.

Located within 10 kilometres of BHP Billiton's Olympic Operations, a large electricity user, and only five kilometres from an existing high voltage transmission line which is connected to the Eastern Australian power grid.