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 arrival represents one of the most significant milestones achieved to date in Phase 1B of the project, confirming tangible progress in the company's development plan to increase its clean UHP hydrogen production capacity and meet growing demand from its industrial customers.
The electrolyzer, designed to produce hydrogen through water electrolysis, is the technological core of the next phase of production at the Sorel-Tracy site. Its delivery now enables Charbone's teams, construction contractors, and technical partners to begin the next steps involving positioning, installation, and integration into the site's infrastructure. Civil engineering work and foundation preparation have been planned to accommodate the main production equipment. Activities will proceed in accordance with 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, which allows the company to add production capacity in line with demand while maintaining a disciplined approach to its development. The delivery of the electrolyzer is a decisive step toward increased production capacity and the deployment of clean UHP hydrogen production capacity. It also mitigates the risks associated with equipment delivery, which have now been overcome.
Dave Gagnon, President and CEO of Charbone, expressed immense pride in announcing the arrival of the electrolyzer, stating that it represents far more than the delivery of a piece of equipment; it is the achievement of a pivotal step in realizing the company's vision and one of the most important milestones in its history. He highlighted the exceptional commitment of employees, partners, suppliers, and stakeholders contributing to the development of the flagship site. Gagnon noted that the previously communicated timeline of a fall launch remains on track, and the company looks forward to providing further updates as they advance through the next stages of commissioning and ramp-up.
Charbone is a vertically integrated industrial gases company focused on developing and operating a network of supply hubs for the production, storage, and distribution of UHP strategic industrial gases. The company serves customers across sectors including semiconductors, artificial intelligence and data centers, advanced pharmaceuticals, and aerospace and defense technologies, where UHP gases are critical for high-precision manufacturing processes and operational performance. Charbone is advancing a network of clean UHP hydrogen production facilities across North America and selected international markets. The company's modular, decentralized, and demand-driven approach, combined with its integrated storage and distribution platform for all UHP gases, supports scalable growth, enhances operational flexibility, and enables more stable and diversified revenue generation.
This model allows Charbone to efficiently serve mid-tier industrial gas customers with a reliable supply of UHP gases, including hydrogen, helium, oxygen, and other high-demand gases that are often difficult to source. The company is committed to supporting the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gases, while addressing supply gaps for underserved industrial customers and accelerating the shift towards localized clean energy. Charbone is listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47).
The delivery of the electrolyzer is a significant milestone that underscores Charbone's progress in executing its growth strategy and its commitment to meeting the increasing demand for clean hydrogen. As the company moves forward with installation and commissioning, the successful completion of Phase 1B will enhance its ability to serve key customers and create sustainable value for shareholders.
