Dig Deep Exploring New Frontiers: Andrew Hume on Thor Energy's Natural Hydrogen and Helium Ventures
In this episode, we chat with Andrew Hume, the MD of Thor Energy, a dual-listed exploration company (ASX and AIM) focused on natural hydrogen and helium, with a significant footprint in the highly prospective South Australian region. In addition to their clean energy focus, they maintain a diversified portfolio of strategic metal projects in uranium, copper, nickel, tungsten, lithium, and gold across Australia and the US, offering investors exposure to a range of key commodities.
A geologist by background, Andrew has a 27-year career in the energy sector, holding key roles in multinational companies across business and technical disciplines, principally in the USA, Australia, Denmark, and the UK. After joining the company at the beginning of the year, Andrew gives us an overview of the company, news on the hydrogen and helium market, updates on their projects, and plans for the future.
KEY TAKEAWAYS
- Thor Energy is rationalising its portfolio to concentrate on key assets, particularly in natural hydrogen and helium, while also maintaining a diverse range of strategic metal projects. This strategic focus aims to enhance the company's growth potential and market positioning.
- The natural hydrogen and helium market is viewed as having significant growth potential, with increasing demand for hydrogen in various industrial applications and the unique advantages of natural hydrogen as a cleaner energy source compared to traditional methods.
- Thor Energy plans to employ innovative exploration techniques, such as soil air analysis with gas chromatography, to better understand subsurface potential. This approach aims to enhance the accuracy and efficiency of identifying hydrogen and helium deposits.
- The recent Maiden Prospective Resource Assessment for the High Range project indicated promising figures, with substantial estimated volumes of hydrogen and helium. This assessment provides a strong foundation for future exploration and potential commercialisation efforts.
BEST MOMENTS
"Natural hydrogen and helium... has some of those same sort of hallmarks that the oil and gas industry would have had 100, 150 years ago... This really could be part of the global energy solution going forward."
"The geology in our areas is really very interesting... We've got known discovered natural hydrogen and helium very close by... So we know we're in a very good place geologically."
"Hydrogen... is almost the cleanest energy source, right? It's coming out of the ground. We're not having to put any energy into it to produce the hydrogen."
"We're going to be looking at some other esoteric techniques... to better understand the right places to eventually drill."
VALUABLE RESOURCES
Mail: rob@mining-international.org
LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/
X: https://twitter.com/MiningRobTyson
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast
Web: http://www.mining-international.org
This episode is sponsored by Hawcroft, leaders in property risk management since 1992. They offer:
- Insurance risk surveys recognised as an industry standard
- Construction risk reviews
- Asset criticality assessments and more
Working across over 600 sites globally, Hawcroft supports mining, processing, smelting, power, refining, ports, and rail operations. For bespoke property risk management services, visit www.hawcroft.com
GUEST SOCIALS
https://www.linkedin.com/company/thor-energy-plc
ABOUT THE HOST
Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
CONTACT METHOD
https://www.linkedin.com/in/rob-tyson-3a26a68/
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.