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Royal Helium Marks Start of Commercial Helium Sales

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.

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