Gold Hydrogen’s $14.5M Strategic Raise Signals High Stakes in Hydrogen Race

Strategic Investment Validates Exploration Success

Gold Hydrogen Limited (ASX, GHY) has secured a significant $14.5 million investment from three global energy and chemical giants, Toyota Motor Corporation, Mitsubishi Gas Chemical, and ENEOS Xplora. This funding comes after an extensive seven-month due diligence process and follows the company’s successful maiden drilling campaign at the Ramsay Project in South Australia, which revealed exceptionally high purity natural hydrogen and helium deposits.

The placement of over 20 million shares at $0.70 each represents a 22% premium to the recent trading price, underscoring strong investor confidence in Gold Hydrogen’s resource potential and strategic direction. The involvement of these industry leaders not only brings capital but also expertise and collaborative opportunities across the hydrogen and helium value chains.

Promising Drilling Results Underpin Growth

Gold Hydrogen’s drilling at Ramsay-1 and Ramsay-2 wells confirmed an active natural hydrogen and helium system, with hydrogen purity reaching up to 95% and helium purity up to 36.9%. The presence of helium-3 isotopes further enhances the project's strategic value, given helium-3’s rarity and applications in advanced technologies.

These results have positioned the Ramsay Project as a potentially world-class natural hydrogen and helium province, attracting international interest and setting the stage for accelerated exploration and development activities.

Next Phase, Drilling and Commercialisation

The newly raised capital will fund a follow-up drilling program scheduled to commence in the fourth quarter of 2025. This campaign aims to delineate and appraise the resource further, providing critical data to support future commercialisation pathways. Beyond exploration, the collaboration with strategic investors will focus on evaluating hydrogen supply opportunities for mobility and industrial uses, as well as downstream applications such as green methanol production.

A dedicated working group will be established to advance feasibility studies, technology reviews, and potential offtake arrangements, reflecting a comprehensive approach to unlocking the project’s full value.

Strategic Partnerships with Industry Leaders

Gold Hydrogen’s Managing Director Neil McDonald described the investment as a “landmark moment,” highlighting the validation that comes from partnering with globally respected companies. The collaboration is expected to accelerate the development of sustainable, low-emission hydrogen and helium production at scale.

Chairman Alexander Downer AC emphasized the strong Australia-Japan energy ties and Japan’s commitment to a hydrogen-based society, noting that this partnership aligns well with both countries’ energy transition goals.

Broader Implications for the Hydrogen Sector

This strategic investment signals growing international confidence in Australia’s emerging natural hydrogen sector. The involvement of Toyota, Mitsubishi Gas Chemical, and ENEOS Xplora, each with deep expertise in energy, chemicals, and mobility, could catalyse further innovation and commercial opportunities, potentially positioning Gold Hydrogen as a key player in the global clean energy transition.