HyTerra Expands Nemaha Project Acreage by 3x

Sep 8, 2024
3 min read

HyTerra acquired an additional 26k acres for its Nemaha Project in Kansas, bringing its total exploration lease position to 39k acres. The new leases, also situated above the Mid-Continent Rift, are rich in iron minerals ideal for hydrogen generation. HyTerra is preparing for a 6-well drilling program, backed by Fortescue’s proposed A$22mm (~US$15mm) investment, with an Extraordinary General Meeting (EGM) vote expected by Nov'24. The expansion positions HyTerra for enhanced exploration of hydrogen and helium resources.

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