Workflow
MAX Power Mining Corp. (OTC: MAXXF) (CSE: MAXX) Positioned as First Mover in Commercial Natural Hydrogen Space
Globenewswireยท2025-10-28 12:30

Core Insights - MAX Power Mining Corp. is positioned as a first-mover in the natural hydrogen sector, focusing on commercial natural hydrogen production in North America [3][4] - The company controls approximately 1.3 million permitted acres in Saskatchewan, including the Genesis Trend, which is strategically located near an industrial corridor and a proposed Hydrogen Hub [3][4] - The demand for power from data centers is projected to double by 2035 in the U.S., potentially consuming around 9% of national electricity demand, highlighting the urgent need for new energy sources [2][3] Company Overview - MAX Power Mining Corp. is an innovative mineral exploration company dedicated to North America's transition to decarbonization [4] - The company plans to drill Canada's first deep well specifically targeting natural hydrogen at its Lawson target on the Genesis Trend starting in early November 2025 [4] - In addition to its natural hydrogen focus, MAX Power holds properties in the U.S. and Canada that are aimed at critical minerals, including a lithium discovery at the Willcox Playa Lithium Project in Arizona [4] Industry Context - The AI revolution is creating a significant demand for electricity, with global data-center power consumption expected to exceed 945 terawatt-hours (TWh) by 2030, driven by AI-optimized centers [2] - The increasing power demand from data centers is straining existing grid capacities, necessitating the search for clean and limitless energy sources [2][3] - Natural hydrogen is emerging as a promising solution in the energy race, attracting attention from major tech and capital players [3]