The company Mitsubishi Gas Chemical has signed a Memorandum of Understanding with the Australian firm Gold Hydrogen. This strategic agreement establishes the basis for jointly evaluating the technical and economic feasibility of a green methanol production plant in South Australia. Additionally, the Japanese firm has made an equity investment in the Oceanic company to consolidate its participation in the project.
The Ramsay Project and Methanol Production
On the one hand, the Australian subsidiary focuses its operations on the so-called Ramsay Project, an initiative located on the Yorke Peninsula focused on the commercial extraction of helium and natural hydrogen accumulated in underground reservoirs.
In this regard, drilling operations and production tests at the exploratory well will begin by the end of June 2026. Subsequently, during the second half of the current year, the formal initiation of a pre-feasibility study is planned, which will determine the industrial scaling of the supply.
Likewise, this joint development will leverage available regional infrastructure, local resources, and renewable energy from the area to optimize manufacturing processes. The natural hydrogen obtained will act as the main raw material for the synthesis of the chemical compound.
Integration with the Carbopath Platform and Global Sustainability
On the other hand, the Japanese multinational seeks to integrate this resource into its Carbopath platform, a circular model designed to configure carbon cycles based on low environmental impact methanol. This technology allows the chemical compound to be produced through carbon dioxide capture, plastic waste processing, and biomass utilization.
By incorporating Australian natural hydrogen, the organization aims to achieve a supply with net-zero emissions potential. This technical cooperation will accelerate the adoption of sustainable raw materials in the transportation, chemical industry, and clean fuel generation sectors internationally.
Source and photo: MGC
