Charbone Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47), a vertically integrated industrial gases company focused on production, distribution, and storage of clean ultra-high purity (UHP) hydrogen and other strategic industrial gases, has announced the delivery of its electrolyzer to its flagship site in Sorel-Tracy, Quebec. This milestone marks significant progress in Phase 1B of the project, bringing the company closer to increasing its clean UHP hydrogen production capacity and meeting the rising demand from its industrial customers.
The electrolyzer, which produces hydrogen through water electrolysis, is the technological core of the next production phase at the Sorel-Tracy site. Its arrival enables Charbone's teams, construction contractors, and technical partners to proceed with positioning, installation, and integration into the site's infrastructure. Civil engineering work and foundation preparation have been planned to accommodate the main production equipment, and activities will follow the company's execution schedule, including component assembly, mechanical and electrical connections, testing, and commissioning.
This development is part of Charbone's modular and phased strategy, allowing the company to add production capacity in alignment with demand while maintaining a disciplined approach to development. The delivery of the electrolyzer represents a tangible confirmation of progress in Charbone's development plan, enhancing its ability to serve industrial customers who rely on UHP gases for high-precision manufacturing processes.
Dave Gagnon, President and CEO of Charbone, expressed immense pride in the arrival of the electrolyzer, stating, "This is far more than the delivery of a piece of equipment, it represents the achievement of a pivotal step in realizing our vision and one of the most important milestones in the Company's history. The risks associated with delivery are now behind us." He emphasized the commitment of employees, partners, suppliers, and stakeholders, adding, "We are now entering a new phase of execution that will strengthen our ability to serve our key customers and create sustainable value for our shareholders. Our previously communicated timeline of a fall launch remains on track."
Charbone's focus on UHP hydrogen and other strategic industrial gases positions it to serve sectors such as semiconductors, artificial intelligence and data centers, advanced pharmaceuticals, and aerospace and defense technologies. The company's modular, decentralized, and demand-driven approach, combined with its integrated storage and distribution platform, supports scalable growth and enhances operational flexibility. By providing accessible, decentralized clean hydrogen and specialty gases, Charbone aims to address supply gaps for underserved industrial customers and accelerate the shift towards localized clean energy.
As Charbone advances through the next stages of commissioning and ramp-up, the delivery of the electrolyzer marks a decisive step toward increased production capacity and a lower-carbon economy. The company remains committed to its vision of supporting the global transition to cleaner energy while creating stable and diversified revenue generation.
