Royal announced an off take agreement with an undisclosed private North American corporation for the remaining capacity at Steveville. The term of the contract is 3 years, commencing on first delivery (no penalties for delayed start-up) and the price has improved by 39% from its previous contract with a space launch company signed in August 2022, demonstrating the strength and tightness in the helium market. The contract is priced at US$625/mcf net of all transportation and liquefaction costs. The gas will be purified to 99.999% (“five nines”) helium and transported by trailer to the Ladder Creek helium plant in Colorado for liquefaction.
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See AllThe US Government recently tendered contracts for helium supply to the National Weather Service offices in Salt Lake City, Utah, and Las Vegas, Nevada, highlighting notable premium prices in these tra
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