A battery metals company based out of British Columbia revealed this week that it has acquired 5,000 acres of land in Canada for a hydrogen project.
Cruz Battery Metals says its new South Advocate Hydrogen Project site is strategically situated in Nova Scotia.
Targeting the rechargeable battery and renewable energy sectors, Vancouver-based Cruz is focused on acquiring and developing high-quality battery metals projects in politically stable, environmentally responsible, and ethical mining jurisdictions.
“We are pleased to be able to acquire the South-Advocate project,” stated James Nelson, President of Cruz Battery Metals.
Quebec Innovative Materials, whose project borders the South Advocate site, “made a major recent hydrogen discovery in Nova Scotia,” Nelson notes.
And, in general, “Hydrogen exploration companies are experiencing a surge of investor attention recently,” according to Nelson.
Hydrogen “is expected to play a major role in the global transition to cleaner energy as industries like steel, shipping, and aviation seek low-carbon fuels,” he explains.
“Demand for hydrogen could grow rapidly, potentially benefiting companies positioned in the sector,” Nelson says, adding he is “very optimistic about the growth prospects for the remainder of 2026 with multiple potential catalysts on the horizon.”
In addition to the South Advocate Hydrogen Project, Cruz has several battery metals focused projects located in the USA, including the 4,938-acre Solar Lithium Project, the 240-acre Clayton Valley Lithium Brine Project, and the 580-acre Central Clayton Valley Lithium Brine Project.
“We strongly believe that battery metals are poised to garner significant market attention as the demand for lithium-ion batteries continues to increase along with the explosive growth of the electric vehicle industry,” reads a statement from the firm.