Initial Modules of Steveville Helium Plant Bing Shipped Royal Helium (RHC.v RHCCF) closed in the green today after announcing that the initial modules of the Steveville Helium Processing Facility have begun shipping to the site.
The transportation of the first two modules has commenced, with the remaining modules to be shipped in the coming weeks.
Site preparation for the first two modules has been completed, and the rest of the site preparation is expected to be finished soon.
The Steveville plant is designed to process 15,000,000 cubic feet/day of raw gas from two helium wells.
It aims to produce 22,000 mcf of 99.999% pure helium per year, with a projected plant lifespan of 25 years.
Additionally, the plant will generate fuel gas for its operations and potentially produce up to 22,000,000 pounds of commercial CO2, creating an additional revenue stream for Royal Helium.
Full news here: https://royalheliumltd.com/news/royal-helium-begins-transporting-helium-processing-plant-to-steveville-site/