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Bullboard - Stock Discussion Forum Royal Helium V.RHC

Alternate Symbol(s):  V.RHC.W | RHCCF

Royal Helium Ltd is focused on the exploration and development of primary helium production in southern Saskatchewan. With over 400,000 hectares of prospective helium lands held under permits, leases and applications, Royal is the helium leaseholders in North America. Located next to highways, roads, cities and importantly close to existing oil and gas infrastructure, the company's projects were methodically evaluated for helium potential for over two years, and have been vetted by helium experts, professional geologists and engineers.

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Royal Helium > Taking on the Helium and Lithium Industries
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Taking on the Helium and Lithium Industries

Justdosomedd (49) | September 28, 2022 01:53 pm

The global helium market is expected to grow significantly and experience supply shortages as industrial use, from things like semiconductors and MRI machines to aviation and rockets, continue to demand more and more of the element. $RHC.V, a Canadian exploration company, is aiming to help satisfy helium demand as governments in North America look to increase domestic manufacturing.
$RHC.V’s numerous assets have allowed the company to build a strong suite of results for each property. Not only that, $RHC.V also has interest in the lithium industry at their Climax property.
- They sampled up to 81.3 Mg/L lithium brine.
- 60,000 hectares makes it one of the largest lithium exploration projects in Canada.
- Once mineral rights are granted, continued engineering and analysis will be conducted.
With $RHC.V holding a significant interest in 2 industries that are expected to see supply shortages, there’s a lot to capitalize on here. Especially when initial production at Steveville is expected to occur in Q1 2023, with more initial production expected in Q3 and Q4.

RE:Taking on the Helium and Lithium Industries

Copperking102 (62) | September 28, 2022 08:50 pm

Over $71,000 a ton for Lithium prices on strong demand for batteries

Wavetraders - Wed Sep 28, 4:34AM CDT
Aluminum - Pile of Cans for Recycling

Unlike the other commodities that followed the opposite direction due to higher inflation, lithium carbonate prices rose 4 times since the same period last year. With the increasing demand and usage for the manufacture of batteries for making electric cars, smartphones, and other devices, the price of lithium exceeded $71.000 per ton on the Chinese commodity exchange. And if the Yuan was stronger compared to the US Dollar now, it would be at a much higher price. 

The reasons behind this rising are the technological turn to more environmentally ‘’correct’’ products, and additionally, the extremely high demand for electric vehicles in China which is the world’s largest electric cars market. Also, the shortage of components linked to the batteries’ cells and the problems in the supply chain are causing delays and forcing buyers to pay higher and wait for their vehicle. According to data from Bloomberg, sales are doubled compared to 2021.