Charbone Updates Investor Materials, Highlights Structural Undersupply in UHP Gas Markets
Charbone released updated corporate presentation and fact sheet detailing its growing portfolio of clean UHP hydrogen production plants and regional supply hubs, capitalizing on a structurally undersupplied global UHP gas market projected to reach $52.8 billion by 2030.
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 released its updated Corporate Presentation and Fact Sheet, now available in the Investors section of the Company's website at www.charbone.com.
The updated materials provide investors and stakeholders with a refreshed view of CHARBONE's vertically integrated industrial gases platform, the structural growth dynamics shaping the global UHP gas market, and the Company's growing portfolio of clean UHP hydrogen production plants across Canada, the United States, and Asia-Pacific. The release comes as the global UHP gas market is projected to grow from approximately US$37.5 billion in 2025 to US$52.8 billion by 2030, representing a CAGR of 7.1%, according to the MarketsandMarkets High Purity Gas Market Report 2025.
Demand drivers include semiconductor fabrication, AI and data centers, advanced pharmaceuticals and biotech, aerospace and defense, and precision laboratories. However, global supply remains dominated by a handful of mega-plant operators, creating a structural opening for regional, modular and decentralized producers and distributors like CHARBONE. The company's core production molecule, clean UHP hydrogen, is positioned to benefit from global hydrogen demand that reached nearly 100 million tons in 2024, with less than 1% sourced from low-emissions production, according to the IEA Global Hydrogen Review 2025. Low-emissions hydrogen production is expected to reach 4.2 Mtpa by 2030.
Additionally, UHP helium—classified by the European Union, Canada and the United States as a strategic critical material—is projected to grow from approximately US$3.3 billion in 2025 to US$5.5 billion by 2034, per Grand View Research. Semiconductors accounted for approximately 24% of global helium consumption in 2025, projected to rise to approximately 30% by 2030, according to the U.S. Geological Survey Mineral Commodity Summaries: Helium 2025.
CHARBONE's project pipeline includes its flagship Sorel-Tracy, Quebec project, where Phase 1A successfully launched in Q4 2025 with continuous commercial production and initial hydrogen revenues. Multiple U.S. and Canadian sales were confirmed in Q1 2026. The modular build-out allows scaling from 2.25 MW to 25.65 MW of installed electrolysis capacity, with indicative annual sales potential ranging from C$5.1 million in Phase 1 to C$66.0 million in Phase 5. In Detroit, Michigan, Phase 1 capacity of 1 ton per day of clean UHP hydrogen is targeted for H2 2026, while in Wisconsin, a 200 kg per day facility leverages the Company's Wolf River hydro dam assets. In Malaysia, an asset-light equity participation with Green Hydrogen ASIAPAC SDN BHD is advancing, with equity participation intent confirmed in April 2026.
Beyond these four projects, CHARBONE is evaluating 12+ additional plant opportunities across North America and Asia-Pacific. The company's regional supply hubs for storage and distribution of industrial gases are also expanding, with hydrogen and helium tube trailers deployed and multi-year supply agreements in place with a subsidiary of one of the world's largest chemical and industrial conglomerates, providing a recurring revenue foundation.
"The structural undersupply of clean UHP hydrogen and helium, combined with accelerating demand from semiconductors, AI, data centers, advanced pharma, and aerospace, defines a multi-decade tailwind, and our modular, decentralized model is purpose-built to capture it," said Dave B. Gagnon, Chairman and Chief Executive Officer of CHARBONE.