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Gold Hydrogen Ltd. ( (AU:GHY) ) just unveiled an update.
Gold Hydrogen Limited has secured a strategic investment of $14.5 million from Toyota Motor Corporation, Mitsubishi Gas Chemical, and ENEOS Xplora. This investment, settled after the June 2025 quarter, will fund further drilling in the Ramsay fairway and advance commercial opportunities for the Ramsay Project. The collaboration aims to explore long-term opportunities across the natural hydrogen and helium value chain, including potential hydrogen supply for mobility and industrial uses, and green methanol production. A working group will be formed to advance feasibility studies and explore further investment, technical collaboration, and offtake arrangements.
More about Gold Hydrogen Ltd.
Gold Hydrogen Limited is focused on the discovery and development of natural hydrogen and helium gases in South Australia. The company aims to capitalize on the growing domestic and global demand for hydrogen, leveraging new exploration techniques and experienced personnel to potentially establish a new natural hydrogen gas province. Additionally, helium, which is rare and expensive with limited worldwide production, presents another opportunity for the company.
Average Trading Volume: 159,913
Technical Sentiment Signal: Sell
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