Turquoise Hydrogen Producers Could Capture Flourishing Graphite Market

While much of the limelight is on blue or green hydrogen produced from natural gas and renewable energy respectively, about a dozen energy and technology companies are quietly working to produce turquoise hydrogen whose byproduct could be critical to the electric vehicle market.

Turquoise, like blue hydrogen, relies on natural gas, but it uses a production pathway called methane pyrolysis.

Pyrolysis takes the natural gas—methane—molecule (CH4) and splits it into hydrogen and solid carbon.

The result is black gold, carbon powder that can be transformed into synthetic graphite, an increasingly lucrative critical mineral found in every single EV battery in the world.
“We all know the trajectory of lithium, and there’s more graphite in the battery than lithium,” said Nathan Ashcroft, Director for Hydrogen Solutions at StantecSTN +1.8%, a design and engineering company based in Edmonton, Alberta.
Developing hydrogen from methane pyrolysis is more efficient, he added.
“Green hydrogen and blue hydrogen are highly water intensive; it takes roughly 10 kilograms of water to produce one kilogram of blue or green hydrogen,” he said.
https://www.forbes.com/sites/dipkabhambhani/2023/11/01/turquoise-hydrogen-producers-could-capture-flourishing-graphite-market/