natural hydrogen might be where lithium was 10 years ago and Element One (EONE) is one of the few pure plays on it
Been going deep on the natural hydrogen space lately while everyone else is still talking about lithium and EVs and Element One kept coming up.
most people do not know the difference between green, blue and white hydrogen. green and blue are both expensive to produce. white hydrogen is naturally occurring underground and the potential cost difference is significant.
Element One just put out an update on a patent pending process that uses spinel oxide catalysts to accelerate hydrogen production from rock by up to 1000x. the CEO Brad Kitchen released a video walking through the tech in detail if anyone wants to go deeper on the science.
what makes the setup interesting beyond just hydrogen is the critical minerals angle. their projects in British Columbia and Alaska are also targeting nickel and iron which are needed for the energy transition anyway. dual exposure in one play.
on the structure side management and insiders reportedly hold a significant chunk of the roughly 36 million shares issued and they just closed a 1.3 million financing round giving them runway into field testing.
still early and speculative obviously. but natural hydrogen as a sector is at a similar stage to where lithium was a decade ago and EONE is one of the few listed pure plays on the CSE right now.
curious if anyone has looked at this space or has thoughts on whether the economics of natural hydrogen can actually compete with solar powered electrolysis longer term
not financial advice do your own DD