Kitco MINING
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Kitco MINING
New TSXV Listing Syntholene Eyes Commercial Fuel Before 2030
Syntholene Energy (TSXV: ESAF) CEO Dan Sutton says the company’s synthetic jet fuel strategy is built on proven industrial execution, supported by a board with deep mining, uranium, and infrastructure experience. Newly listed on the TSXV, Syntholene is positioning itself as a next-generation fuel producer using geothermal heat to drive high-temperature electrolysis and deliver a major cost advantage. “We build real things, and I think over the course of the next. Six, 12, and 18 months. Investors are gonna see the evidence of that materialized,” he said.
The company expects to deploy its first geothermal to electrolysis demonstration system by the end of next year, following successful prototype work at Idaho National Lab. Sutton says commercial production before 2030 is possible with strategic customers and project financing similar to large-scale mining infrastructure. He added that synthetic fuels can meet the purity and performance standards required for civilian and military turbines, aligning the technology with broader themes of energy security.
Key catalysts include the demonstration build, Iceland deployment, customer discussions, and potential strategic partners.
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