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Royal Helium Ltd. V.RHC

Alternate Symbol(s):  RHCCF | V.RHC.WT.A | V.RHC.WT.B

Royal Helium Ltd. is a Canada-based company, with a primary focus on the production and development of helium and associated gases and is currently producing helium from its Steveville project in Southern Alberta. Its helium reservoir at Steveville is carried primarily with nitrogen. Nitrogen is not a greenhouse gas (GHG) and therefore have a low GHG footprint when compared to plants in other jurisdictions that rely on large scale natural gas production for helium extraction.


TSXV:RHC - Post by User

Post by SkywalkerofLukeon Jan 09, 2023 3:35pm
265 Views
Post# 35211872

Article on Helium Shortage

Article on Helium Shortage

This article outlines the current helium shortage and some of the effects it’s having on essential things like MRIs.


With them nearing production this year and set to be rev. generating by April I’ll be watching RHC.v RHCCF who recently awarded a construction contract for the Steveville 14-12 Helium Recovery Plant where operating throughput will be in the range of 10-15 million cubic feet/day producing a purity level of 99.999% helium. 


40% of the plant's capacity will go to the major North American space launch company RHC signed a long-term agreement with back in August. 


https://www.nbcnews.com/health/health-news/helium-shortage-doctors-are-worried-running-element-threaten-mris-rcna52978

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