Royal Helium Strikes Deal to Supply CO2

Royal Helium Ltd. (TSE:RHC) has released an update.

Royal Helium Ltd. has secured its inaugural offtake agreement to supply food and beverage grade CO2 for three years from its Steveville facility, targeting the Pacific Northwest U.S. market. This deal highlights the company’s growth and diversification into value-added gases, signaling potential for more deals to meet rising CO2 demand. Royal emphasizes its low greenhouse gas footprint in helium production, positioning itself as an emerging leader in North America’s undersupplied helium market.

For further insights into TSE:RHC stock, check out TipRanks’ Stock Analysis page.