H2Au Ltd, a clean energy developer focused on natural hydrogen, has announced that its applications for two exclusive hydrogen exploration licences in South Africa have been accepted by the Petroleum Agency SA (PASA). The licences, which cover approximately 3.4 million acres in the Bushveld region, are subject to final approval from the Minister of Mines and Energy. This development is a significant step for H2Au, following the successful completion of its previous Technical Cooperation Permits (TCPs), which were executed on time and within budget.

The Bushveld region has shown promising results in H2Au’s previous studies, particularly in areas known for their industrial and mining activities. Historical data indicates that hydrogen concentrations in old mine workings can reach up to 80%. Recent sampling efforts have also confirmed the presence of hydrogen at depth within the Bushveld Complex, further validating the region’s potential for natural hydrogen extraction.

Owain Jackson, CEO of H2Au, highlighted the importance of the TCP studies, stating that they represent a milestone in the company’s exploration efforts. He emphasized that the positive results from extensive fieldwork and data analysis have bolstered their confidence in the area’s natural hydrogen resources.

Founded in 2022 by experts from the oil, gas, and mining sectors, H2Au has developed proprietary technologies for hydrogen discovery and has secured over four million acres of lease areas in South Africa and the USA. The company has also garnered attention from investors and potential off-takers, positioning itself as a leader in the emerging natural hydrogen market. In October 2025, H2Au was recognized as a top 10 growth company by Blue Earth, highlighting its commitment to sustainable energy solutions.

Natural hydrogen is gaining traction as a viable alternative to traditional fossil fuels, with the US Geological Survey estimating that there are approximately 5.6 trillion tonnes of geologic hydrogen trapped underground globally. This resource could provide a low-cost and low-carbon energy source, potentially surpassing the energy contained in all proven natural gas reserves.

With the acceptance of its exploration licence applications, H2Au is now in the process of selecting joint venture partners to aid in the capital development of its projects and facilitate market entry. Jackson expressed optimism about the future, noting the interest from prospective partners who recognize the potential of natural hydrogen in these initiatives.

As H2Au moves forward, it aims to engage constructively with the Petroleum Agency of South Africa and the Department of Mineral Resources and Energy to advance its applications and explore the opportunities that lie within the natural hydrogen sector.