Dec. 25 at 4:39 PM
$PSRHF Several companies are actively exploring for natural hydrogen deposits in Minnesota, primarily focused on the Iron Range
• Koloma: A Denver-based startup specializing in natural hydrogen exploration. The company is conducting geophysical surveys, including seismic studies using vibrator trucks, and leveraging AI to analyze geologic data for potential drilling sites. They plan to increase activity in 2026, with operations in areas like Lake County and the Iron Range.
• Quebec Innovative Materials Corp. (QIMC): A Canadian company that has secured two natural hydrogen exploration permits and over 12,000 acres of land in the Mesabi Iron Range through its U.S. special purpose vehicle, Orvian.
• Oscillate PLC: This company has initiated its Hydrogen Focus project in northern Minnesota’s Iron Range, specifically the Eniki Basin. Led by experienced exploration teams, they’re using geochemical, geophysical, and hydrogen-sensing methods