Royal Helium has confirmed that helium sales from its Steveville helium purification plant in Alberta are successfully underway.
The Canadian helium exploration and production company recently completed its 12th and 13th helium trailer sales from the plant, which started up in November 2023.
Andrew Davidson, CEO of Royal Helium, said, “We are pleased to have the Steveville helium purification plant running at a stable production rate and seeing the entire team getting the plant to its final stage of ramping up to capacity with world -class oversight by PTT.”
He continued, “The plant is designed to be fully automated and self-powered such that once in a steady state, the operation can quickly turn towards positive cash flow with a very low operating expense.”
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