Royal Helium Marks Start of Commercial Helium Sales
- Nov 7, 2023
- 2 min read
Royal Helium initiated commercial sales from its Steveville helium purification facility in Southeastern Alberta. The first volumes will fulfill the offtake agreement with a major North American aerospace customer, secured over the past two years at an average price exceeding US$500/mcf. The company is in discussions for offtake agreements with various parties to support its expansion and aims to establish long-term relationships with key industry players in critical sectors like healthcare, chip manufacturing, and aerospace.