en.Wedoany.com Reported - 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 collaboration is positioned as a phased feasibility assessment, aiming to provide a technical basis for subsequent potential commercialization goals.

Gold Hydrogen's Ramsay project plans to commercialize natural hydrogen and helium extraction, and is expected to supply natural hydrogen as a core feedstock for this assessment. The project also plans to utilize renewable energy electricity and related infrastructure in the region. Gold Hydrogen plans to commence production testing at its natural hydrogen exploration well in late June, while MGC and Gold Hydrogen plan to launch a preliminary feasibility study in the second half of 2026.

MGC has completed an equity investment in Gold Hydrogen and is promoting its Carbopath platform, which can produce methanol using various feedstocks including captured carbon dioxide, waste plastics, and biomass. Through this collaboration, MGC plans to supply green methanol produced from natural hydrogen.

The Yorke Peninsula in South Australia has relatively well-developed renewable energy infrastructure, providing favorable external conditions for green methanol production. Both parties will conduct systematic assessments covering dimensions such as resource utilization efficiency, techno-economic viability, and carbon footprint accounting. If subsequent research progresses smoothly, this project could serve as a reference case for the application of natural hydrogen in the chemical industry and drive the extension of related industrial chains in the region.