TSXV:RHC - Post Discussion
Post by
MarketMakerss on Jun 06, 2024 6:37pm
Helium's importance in a range of industries
"What battery metals are to gigafactories, helium is to everything from scientific research, medical technology and high-tech manufacturing to space exploration and national defense."
Fueling a fourth helium shortage, helium plays an indispensable role in the manufacturing and development of numerous high-tech products, yet it's production is limited to fewer than 15 companies worldwide.
(Source:
https://oilprice.com/Energy/Energy-General/Helium-Wars-Why-Are-Tech-Giants-Fighting-Over-This-Rare-Gas.html)
With control of over one million acres of prospective helium permits and leases across Saskatchewan and Alberta, Royal Helium (RHC.v RHCCF) is the first Canadian public company to produce and sell helium (directly to a large end user at a contracted fixed price) from its innovative plant.
In playing a market-changing role in the field, RHC recently announced the shipment of its 10th and 11th purified helium trailers from its facility with stable production currently at 50% nameplate amounts (four trailers per month) but set to increase to produce between seven and eight trailers of purified helium per month:
https://x.com/StckMasterFlash/status/1796667633296708093
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