Mitsubishi Gas Chemical and Gold Hydrogen MOU for green methanol from natural hydrogen in South Australia

Key highlights
  • Mitsubishi Gas Chemical (MGC) and Gold Hydrogen signed an MOU to jointly assess green methanol production feasibility on the Yorke Peninsula.
  • MGC has made an equity investment in Gold Hydrogen ahead of the joint feasibility work.
  • Natural hydrogen from Gold Hydrogen’s Ramsay Project on the Yorke Peninsula is expected to be the core feedstock, with renewable power and regional infrastructure to be used.
  • Gold Hydrogen plans a production test at its natural hydrogen exploration well scheduled to commence in late June, and the partners plan a preliminary feasibility study in the second half of 2026.

Agreement scope

Mitsubishi Gas Chemical (MGC) and Gold Hydrogen have signed a Memorandum of Understanding to jointly assess the feasibility of producing green methanol on the Yorke Peninsula in South Australia. The work is framed as a stepwise feasibility assessment toward potential commercialization.

Feedstock and site

Gold Hydrogen’s Ramsay Project, which targets commercial extraction of natural hydrogen and helium, is expected to supply natural hydrogen as the core feedstock. The project will also leverage regional resources and infrastructure, including renewable power.

Timing and next steps

Gold Hydrogen has a production test at its natural hydrogen exploration well scheduled to commence in late June. In line with that progress, MGC and Gold Hydrogen plan to launch a preliminary feasibility study in the second half of 2026.

Strategic context

MGC, which has made an equity investment in Gold Hydrogen, is promoting its Carbopath platform to produce methanol from various feedstocks such as captured CO2, waste plastics and biomass. Through collaboration with Gold Hydrogen, MGC aims to supply green methanol using natural hydrogen, which it says has the potential to enable zero emissions and advance a circular methanol value chain.

Source: Mitsubishi