DiagnaMed and QIMC to Boost Hydrogen Production at Ville Marie Clean Hydrogen Project
DiagnaMed and QIMC to Boost Hydrogen Production at Ville Marie Clean Hydrogen Project

DiagnaMed and QIMC to Boost Hydrogen Production at Ville Marie Clean Hydrogen Project

  • 13-Jan-2025 8:00 PM
  • Journalist: Patricia Jose Perez

DiagnaMed Holdings Corp., a leader in hydrogen production technologies and AI applications, has announced a strategic collaboration with Québec Innovative Materials Corp. (QIMC) to accelerate clean hydrogen extraction at the Ville Marie Hydrogen Project in Québec. This partnership marks a significant step in transforming the clean energy landscape by deploying DiagnaMed’s cutting-edge technology to extract natural hydrogen sustainably.

Advancing Clean Energy Solutions

Fabio Chianelli, Chairman and CEO of DiagnaMed, shared his excitement about the collaboration, emphasizing its potential to drive progress in sustainable energy:

“We are excited to collaborate with QIMC on this groundbreaking initiative. By field-testing our innovative hydrogen technology at Ville Marie, we aim to advance cost-effective and carbon-neutral hydrogen production while supporting global sustainability goals. This partnership highlights our commitment to working with energy innovators to shape a cleaner future.”

Harnessing Innovation Through Collaboration

John Karagiannidis, CEO of QIMC, echoed these sentiments, underscoring the project’s transformative impact:

“We are thrilled to partner with DiagnaMed on this transformative project. The Ville Marie Clean Natural Renewable Hydrogen Project is a pivotal opportunity to integrate advanced technologies into sustainable energy production. This collaboration strengthens our position as a leader in the emerging natural hydrogen sector and showcases the power of strategic alliances to drive meaningful change.”

Breakthrough Hydrogen Technology

DiagnaMed’s patented hydrogen production technology, developed by Dr. Qingwang Yuan of Texas Tech University’s HOPE Group, combines hydraulic fracturing with electromagnetic wave heating to extract hydrogen from light oil, gas, shale reservoirs, and ultramafic rock formations. This innovative method offers unmatched efficiency and sustainability, with production costs as low as $0.86 per kilogram.

The technology aligns with the U.S. Department of Energy’s "Hydrogen Energy Earthshot" initiative, targeting $1/kg hydrogen production by 2031. By utilizing existing oil and gas infrastructure, it provides a significant competitive advantage, positioning DiagnaMed and QIMC at the forefront of the clean hydrogen revolution.

As part of the agreement, QIMC will receive 2,000,000 shares of DiagnaMed (DMED), solidifying the partnership and reinforcing their shared vision for advancing clean, natural hydrogen solutions.

Québec Innovative Materials Corp. is a progressive exploration and development company focused on responsibly utilizing Canada’s abundant natural resources. Specializing in natural hydrogen and high-grade silica deposits, QIMC is dedicated to fostering innovation that supports an AI-driven, carbon-neutral economy. By prioritizing environmental stewardship and adopting cutting-edge extraction technologies, the company is advancing sustainable energy solutions while minimizing ecological impact. QIMC’s commitment to responsible resource development and green innovation positions it as a key player in shaping a cleaner, more sustainable future, driving progress in the global transition to renewable energy and carbon-neutral industrial practices.

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