Pulsar Helium signs initial deal with Chart Industries for Topaz project in Minnesota

Pulsar Helium has signed an initial agreement with Chart Industries that will provide advanced gas processing technologies, including helium and carbon dioxide (CO2) capture, to support potential production at Pulsar’s Topaz project in Minnesota.

The agreement, signed between Minnesota-based Keewaydin Resources, a Pulsar subsidiary, and Texas-based Earthly Labs, a Chart Industries company, outlines plans to enter into a master services agreement.

Under the outlined terms of the agreement, Chart will provide its Earthly Labs carbon capture solution to capture helium and CO2 from the Topaz project. Chart will also complete engineering studies and provide helium and CO2 plant and storage recommendations for Pulsar.

Earthly Labs will sell its CiCi (Elm) carbon capture solution to Keewaydin Resources. The CiCi (Elm) solution includes CO2 capture, purification and liquefaction technology, commissioning, and training.

Thomas Abraham-James, President and CEO of Pulsar, said, “This development is one of great significance for Pulsar, as it is in line with our commitment to realise production at Topaz whilst monetising both its helium and CO2 products, all while reducing emissions.”

He also notes that with Earthly Labs and Chart carrying out engineering studies, third-party costs will be reduced, as well as risk and time-to-value.

Specifically, Earthly Labs will complete an engineering study for a CO2 plant, which will include P&ID and heat, material balance and helium recoveries. Chart will provide recommendations on a helium plant design and CO2 storage tanks made in Minnesota.