Element One Moves to Acquire Stone to H2 in Geologic Hydrogen Technology Deal

The latest update is out from Buscando Resources Corp ( (TSE:EONE) ).

Element One Hydrogen & Critical Minerals Corp. is a Vancouver-based company focused on developing low-cost, sustainable geologic hydrogen production and in-situ critical mineral extraction technologies. The firm aims to use solution mining in ultramafic rock formations to produce clean hydrogen and co-recover critical metals, targeting a competitive edge in the emerging natural hydrogen and critical minerals markets.

Stone to H2, Inc. is a New York technology company led by academic researcher Dr. Greeshma Gadikota and holds proprietary intellectual property for subsurface hydrogen generation and critical metal recovery. Its work is underpinned by research licensed from Cornell University, positioning it as a specialist in advanced geologic hydrogen and mineral extraction processes.

Element One Hydrogen & Critical Minerals Corp. has signed a definitive option and earn-in agreement to acquire up to 100% of Stone to H2, securing exclusive access to its proprietary technology for subsurface hydrogen production and critical mineral extraction. The staged earn-in structure ties increasing ownership stakes to multi-year share issuances and funding commitments for technology development and field trials, with Stone to H2 becoming a subsidiary upon any ownership acquisition.

The deal strengthens Element One’s position in geologic hydrogen innovation by aligning it with cutting-edge academic research and potentially one of the lowest-cost, lowest-carbon hydrogen production pathways. By co-producing critical metals and enabling CO₂ storage in the same geological formations, the technology could reshape both energy and mining economics, offering strategic benefits to Element One’s stakeholders as regulatory approvals are obtained.

More about Buscando Resources Corp

Element One Hydrogen & Critical Minerals Corp. is a Vancouver-based company focused on developing low-cost, sustainable geologic hydrogen production and in-situ critical mineral extraction technologies. The firm aims to use solution mining in ultramafic rock formations to produce clean hydrogen and co-recover critical metals, targeting a competitive edge in the emerging natural hydrogen and critical minerals markets.

Stone to H2, Inc. is a New York technology company led by academic researcher Dr. Greeshma Gadikota and holds proprietary intellectual property for subsurface hydrogen generation and critical metal recovery. Its work is underpinned by research licensed from Cornell University, positioning it as a specialist in advanced geologic hydrogen and mineral extraction processes.

Element One Hydrogen & Critical Minerals Corp. has signed a definitive option and earn-in agreement to acquire up to 100% of Stone to H2, securing exclusive access to its proprietary technology for subsurface hydrogen production and critical mineral extraction. The staged earn-in structure ties increasing ownership stakes to multi-year share issuances and funding commitments for technology development and field trials, with Stone to H2 becoming a subsidiary upon any ownership acquisition.

The deal strengthens Element One’s position in geologic hydrogen innovation by aligning it with cutting-edge academic research and potentially one of the lowest-cost, lowest-carbon hydrogen production pathways. By co-producing critical metals and enabling CO₂ storage in the same geological formations, the technology could reshape both energy and mining economics, offering strategic benefits to Element One’s stakeholders as regulatory approvals are obtained.

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Technical Sentiment Signal: Sell

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