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Thor Energy Sells 75% FRAM JV for A$8.75M to Boost Hydrogen Push

9:13am on Tuesday 16th of September, 2025 AEST Mining
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Thor Energy Sells 75% FRAM JV for A$8.75M to Boost Hydrogen Push

9:13am on Tuesday 16th of September, 2025 AEST
Key Points
  • Sale of 75% FRAM JV interest to Tivan Limited for A$8.75 million
  • Structured payments include upfront deposit, cash completion, and deferred installments
  • Transaction expected to complete by December 2025, subject to approvals
  • Proceeds to fund Thor’s core HY-Range natural hydrogen and helium project
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