Stake logo


How to buy shares in Gold Hydrogen

There’s potential to extract hydrogen gas from underground in the future.

Hydrogen is everywhere. It’s the most abundant element in the universe and a top contender for headlines. However, gathering significant amounts of pure hydrogen isn’t simple.

Gold Hydrogen is searching for naturally occurring hydrogen gas in South Australia. When the state department’s geologists explored the Yorke Peninsula for oil in the 1920s and 1930s, they also reported finding pockets of hydrogen underground. The region’s combination of iron-rich rocks and salty water is an ideal environment for a chemical reaction that produces hydrogen. 

With funding from their recent ASX IPO, the company’s adding modern techniques to identify and investigate drill targets on their licence area. They could start work at their Ramsay Project by the third quarter of 2023. The main aim is to confirm there’s enough hydrogen gas to be economically extracted and that it has high purity levels, with historical data showing up to 89%.

Usually called gold or white, the commercialisation of this form of natural hydrogen is at a very early stage. It could present a cost efficient option with low carbon emissions, but establishing these details will require much more work. If all goes well over the next few years, it could quickly assert its place amongst the hydrogen rainbow.

The International Energy Agency expects global hydrogen demand to grow from 94 million tons (Mt) in 2021 to 179 Mt by 2030. There’s particular interest from industries such as trucking, shipping, aviation and steel-making to use hydrogen as a fuel that doesn’t emit carbon dioxide when burned. The emerging sector represents an exciting opportunity, but only time will tell whether the company strikes gold. 

Gold Hydrogen is available to trade on Stake under the ticker GHY.


Want more?

You know what to do

Insights, trends and company deep dives delivered straight to your inbox.

Stake logo
Over 7,000 5-star reviews
App Store logoGoogle Play logo

Subscribe to our free newsletters

By subscribing, you agree to our Privacy Policy.

Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) ('Sanlam') and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) ('Airwallex'). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. Stake SMSF Pty Ltd (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. Stakeshop Pty Ltd will also run marketing and promotions to you under. For more information about SMSFs, see our SMSF Risks page.The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

Copyright © 2023 Stake. All rights reserved.