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THE MATANE NATURAL HYDROGEN PROJECT
- The Matane Natural Hydrogen Project has a geological environment that is highly favourable for the formation and accumulation of natural clean hydrogen.
- The project extends over 26 kilometres, following a structural corridor highly conducive to deep groundwater circulation and water rock reactions essential for hydrogen generation.
- The project benefits from excellent logistical access, with direct road connections through Route 195, ensuring efficient mobilization of exploration teams and equipment.
- The project utilizes a scientific and technologically advanced approach, incorporating Québec Innovative’s cutting-edge exploration methodologies.
- Entered a strategic work program to explore and develop the Matane natural Hydrogen in Quebec’s Appalachian region with Québec Innovative Materials Corp.
Hydrogen
Market
global hydrogen market
The global hydrogen market was valued at approximately USD 262.13 billion in 2024 and is projected to reach around USD 556.56 billion by 2034, growing at a CAGR of 7.82% during this period.
global hydrogen demand
Global hydrogen demand is expected to increase by more than 1.5 times, reaching over 150 million tonnes by 2030, with nearly 30% of that demand coming from new applications.
green hydrogen production
The cost of green hydrogen production is projected to increase by 70% over the next decade, driven by technological advancements and economies of scale.
green hydrogen market
The global green hydrogen market alone is expected to witness a compound annual growth rate (CAGR) of 38.5% from 2025 to 2030, reaching a market size of USD 60.56 billion by 2030.
hydrogen vs liquid gas
Deloitte predicts that the hydrogen market will surpass the value of the liquid natural gas trade by 2030, reaching $642 billion in annual revenue and growing to $1.4 trillion per year by 2050.
Clean Hydrogen
Market size
CLEAN HYDROGEN MARKET
2030 - 2050
(US$ BILLION PER YEAR)
canadian
hydrogen Market
CANADIAN HYDROGEN MARKET
hydrogen market
The Canadian hydrogen generation market recorded USD 2.8 billion in revenue in 2023 and is projected to grow to USD 5.7 billion by 2030.
ranked top 10
Canada ranks among the top 10 hydrogen producers worldwide, generating approximately 3 million tonnes annually for industrial use, which accounts for about 4% of the global production.
hydrogen demand
The Canadian hydrogen market demand stood at 4.5 million tonnes in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.9% through 2034, reflecting increasing domestic and international interest.
$600m pledge
Canada & Germany pledged $600M CAD to support a transatlantic clean hydrogen auction, enhancing export opportunities for Canadian producers.
Growing demand
for Hydrogen
GROWING DEMAND FOR HYDROGEN MARKET
The demand for hydrogen is rapidly growing as industries and governments prioritize decarbonization and sustainable energy solutions.
With its potential to replace fossil fuels in transportation, manufacturing, and power generation, hydrogen is becoming a key part of the global energy transition, supported by significant investments and government incentives in Canada. As technologies advance, hydrogen is set to play a crucial role in the low-carbon economy.
The green hydrogen market in Canada generated USD 734.1 million in 2023 and is expected to reach USD 8,153.5 million by 2030, reflecting a robust CAGR of 41% from 2024 to 2030.
In 2023, the hydrogen generation market in Canada generated USD 2.8 billion in revenue, with expectations to grow to USD 5.7 billion by 2030, indicating a CAGR of 10.5% from 2024 to 2030.
COPPER & GOLD
Market
COPPER & GOLD MARKET
A report from Precedence Research projected that the global copper market size was USD 318.19 billion in 2023, calculated at USD 333.15 billion in 2024 and is expected to reach around USD 548.20 billion by 2034, expanding at a CAGR of 5.11% from 2024 to 2034.
Record gold prices have surged over 26% this year: According to a market research study published by Zion Market Research, the demand analysis of Global Gold Mining Market size & share revenue was valued at around USD 198 billion in 2022 and is estimated to grow about USD 260 billion by 2030, at a CAGR of approximately 3.5% between 2023 and 2030.
