RHC Advances Toward Processing 15M Cubic Feet of Helium/Day As the world's helium demand continues to outpace its supply, Royal Helium Ltd. (RHC.v, OTCQB: RHCCF) is working to help fill the supply gap and become a key producer in North America of this vital and finite resource.
RHC specializes in the exploration, production, and infrastructure development of helium and other related gases. The company oversees more than 1,000,000 acres of helium permits and leases across southern Saskatchewan and southeastern Alberta.
The company has successfully sold over a dozen trailers of helium from its Steveville helium plant which produces 99.999% pure He. This achievement marks a significant step towards reaching the plant’s full capacity of processing 15 million cubic feet of raw gas daily.
The Steveville facility’s automation and self-powering capabilities represent a leap forward in sustainable and cost-effective operations.
As highlighted by RHC CEO Andrew Davidson, "The plant is designed to be fully automated and self-powered such that once at steady state, the operation can quickly turn toward positive cash flow with very low operating expense.”
RHC remains committed to mitigating the helium supply crisis, leveraging its extensive land holdings and innovative production processes to play a crucial role in the industry's future.
More here: https://royalheliumltd.com/2024/06/royal-helium-continuing-helium-sales/
Posted on behalf of Royal Helium Ltd.