On track to become a junior industrial gas player, Royal Helium (RHC.v RHCCF) CEO and Director, Andrew Davidson, joined CEO.ca to discuss the importance of helium amid RHC's increasing production at the Steveville Facility: https://www.youtube.com/watch?v=HcB1fkRsMBk
Helium is an indispensable and important commodity with various uses in healthcare, welding, and high-tech manufacturing sectors.
Recently, Canada has been emerging as a significant supplier due to its well-developed oil and gas industry, with RHC leading the helm as the first Canadian public company to produce and sell helium (directly to a large end user at a contracted fixed price) from its innovative Steveville plant.
Royal Helium's Market Changing Role
Amid ramping up production at Steveville, RHC is taking a unique approach involving monetizing byproducts such as nitrogen, CO2, and natural gas condensates, making operations more economically beneficial.
RHC's short-term goals include increasing production at their Steveville facility, making them one of the largest independent helium and industrial gas providers in Canada, with the aim to sell directly to end-use customers, setting RHC apart from competitors.
Aiming to grow into a significant industrial gas player in North America by increasing production at their Steveville facility, selling directly to end-use customers, and exploring exporting overseas once they have achieved a certain level of scale, RHC is transitioning from a junior helium company to a significant industrial gas company in North America by capitalizing on the economic benefits of helium and monetizing other gases produced from their projects.
Latest News Release: https://royalheliumltd.com/2024/05/royal-helium-provides-update-on-operations-at-steveville-helium-facility/
Posted on Behalf of Royal Helium Ltd.