Gold Hydrogen Ltd (ASX:GHY) managing director Neil McDonald joins Proactive’s Tylah Tully to discuss the company’s latest discovery.
In collaboration with Oxford University, it has identified Helium-3, a rare isotope essential for nuclear fusion, at its Ramsay Project in South Australia.
Helium-3, which is valued at more than $2,500 per litre, holds critical applications in nuclear fusion, quantum computing and advanced cryogenics, given its neutron absorption properties.
Previously, this isotope was only accessible via nuclear by-products or costly extraterrestrial mining initiatives.
Samples from Ramsay, drawn from depths of 280 to 1,000 metres, showed Helium-3 concentrations reaching 901 ppt with purity levels as high as 36.9%, some of the highest globally recorded.
This finding could provide an accessible, Earth-based supply of Helium-3, mitigating the need for costly lunar mining.
Gold Hydrogen is furthering research on Ramsay’s reserves, including flow rates and geotechnical analysis, with aims to enhance separation methods for Helium-3 and Helium-4.
This development aligns with increasing global support for fusion energy, as commercial interest in this clean, sustainable power source accelerates.
Strategic partnerships are underway to scale Helium-3 recovery, potentially positioning Ramsay as a premier site for fusion-related resources.