Royal Helium signs supply agreement with space launch company
by CM Staff
Royal has also completed the engineering of its initial processing facilities, and it is awarding supply and construction contracts.
Royal Helium Ltd. logo (CNW Group/Royal Helium Ltd.)
SASKATOON — Royal Helium Ltd. has entered into a long-term agreement with a North American space launch company for the supply of helium.
The company says initial deliveries under the supply agreement will commence in 2023.
Royal has also completed the engineering of its initial processing facilities, and it is awarding supply and construction contracts. The company says it plans to construct two initial facilities, one at Steveville, Alta. and another at Climax, Sask.
The combined throughput capacity of the plants will be 20 million cubic feet per day gas input.
“We would like to thank our new partner for their substantial commitment to Royal Helium and Royal’s low carbon helium production programs. Royal aims to be a leading, greener source of helium for the aerospace, high tech, medical, and manufacturing industries worldwide,” said Andrew Davidson, president and CEO, Royal Helium in a statement.
