MAX Power discovers major natural hydrogen deposits in Canada
Discovery of country’s largest natural resource in Saskatchewan could unleash a North American hydrogen energy boom, mining company says
North American mining company MAX Power Mining has announced the discovery of Canada’s largest known natural hydrogen resource in southeast Saskatchewan. The newly identified Rider Natural Hydrogen Project spans 1,244km² and features natural hydrogen concentrations as high as 96.4%. Historical data from the region has revealed impressive hydrogen concentrations, including 4% at Weyburn and 87.4% at Stoughton. These findings suggest a substantial and viable hydrogen resource in the area. The Rider Natural Hydrogen Project is located within the Torquay-Rocanville Corridor, a 200km long geological zone favourable for hydrogen accumulation. This area includes deep structures and fault lines that
Also in this section
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
14 January 2025
The continent’s largest economy sees an opportunity to join the global export market, but funding gap and lack of regulatory framework present challenges