Addressing Shortages: RHC Expands Helium Production Capacity As the global helium shortage persists, Royal Helium Ltd. (RHC.v, OTCQB: RHCCF) is poised to become a major North American supplier of this essential and non-renewable resource.
Royal Helium focuses on the exploration, production, and infrastructure development of helium and related gases. The company manages over 1,000,000 acres of helium permits and leases in southern Saskatchewan and southeastern Alberta.
Royal Helium’s nitrogen-based reservoirs distinguish it from other regions that depend on large-scale natural gas production, which significantly increases greenhouse gas emissions. In contrast, Royal Helium’s extraction process maintains a low environmental footprint.
Recently, Royal Helium announced the sale of its 12th and 13th helium trailers from the Steveville helium purification facility, located near Brooks, Alberta. This milestone is pivotal in scaling production towards the plant’s capacity of 15 million cubic feet of raw gas per day.
The automation and self-powering features of the Steveville facility represent a significant advancement towards sustainable and cost-efficient operations. As the plant nears full production capacity, Royal Helium is set to enhance its cash flow, bolstering its position in the helium market.
Royal Helium Ltd. remains dedicated to addressing the helium supply shortfall, utilizing its vast land assets and innovative production techniques to secure a crucial role in the future of the helium industry.
Full news here
https://royalheliumltd.com/2024/06/royal-helium-continuing-helium-sales/
Posted on behalf of Royal Helium Ltd.