New Era Helium is to merge with publicly traded special purpose acquisition company Roth CH Acquisition as part of a signed definitive agreement.
Royal Helium’s senior lenders have expanded the company’s debt facilities to fund the final costs for the Steveville helium purification plan in Alberta, Canada.
Safety is paramount when handling cryogenic materials. There are several potential risks, including cold burns, so those in the market must cover all eventualities.
Royal Helium has started the delivery and sales of purified helium for its North American aerospace offtake partner.
After four major global shortages in 18 years, the greatest challenge facing the helium business in 2023, which will follow in 2024, is the uncertainty that hangs over the market and its array of end-users.
