Constellation Resources secured SPA 048 AO and SPA 049 AO, in its Western Australia Edmund–Collier Basin asset, allowing on-ground exploration for natural hydrogen, helium and natural gas.
Hestia Energy, a San Francisco-based startup aiming to discover natural hydrogen deposits underground, is raising US$12mm in seed funding, according to Axios Pro.
Natural hydrogen exploration is accelerating globally, with junior companies raising over US$1bn in the past three years, according to NaturalHy (a financial consultancy).