Gold Hydrogen Secures $14.5M Strategic Investment from Toyota, Mitsubishi, and ENEOS

Gold Hydrogen (ASX: GHY) has announced a landmark $14.5 million strategic investment from global energy leaders Toyota Motor Corporation, Mitsubishi Gas Chemical, and ENEOS Explora. This collaboration marks one of the most significant natural hydrogen deals to date and positions Gold Hydrogen as a key player in advancing low-carbon energy in Australia.

The investment, priced at a 22% premium to the company’s last closing price, follows a seven-month international due diligence process and will fund further drilling at the Ramsay Project in South Australia’s Yorke Peninsula. Gold Hydrogen’s maiden drilling campaign confirmed world-class natural hydrogen (up to 95% purity) and helium (up to 36.9% purity) accumulations, providing a robust platform for commercialisation.

The partnership will focus on natural hydrogen and helium production, hydrogen supply for mobility and industrial use, fuel cell and green methanol technologies, and future purification and utilisation pathways.

CEO Neil McDonald described the deal as a “landmark moment” for the company, noting its potential to create a scalable, sustainable energy solution for domestic and international markets.

Chairman Alexander Downer highlighted Japan’s commitment to hydrogen as a driver for this collaboration, aligning Australia with global clean energy priorities.

Settlement of the placement and allotment of the shares is expected to occur as outlined in the Table below, with the shares to be issued under the Company’s existing placement capacity. An Appendix 2A will be released to the ASX in conjunction with the share issuances. An Appendix 3B is being lodged in conjunction with this announcement.