Charbone Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47), a vertically integrated industrial gases company, announced the arrival of its electrolyzer at its flagship site in Sorel-Tracy, Quebec. This delivery represents a significant milestone in the company's Phase 1B development, bringing it closer to expanding its clean ultra-high purity (UHP) hydrogen production capacity to meet growing industrial demand.
The electrolyzer, which produces hydrogen through water electrolysis, is the technological core of the next production phase. Its delivery enables Charbone's teams and contractors to begin positioning, installing, and integrating the equipment into the site's infrastructure. Civil engineering work and foundation preparation have been planned, and activities will proceed according to the execution schedule, including component assembly, mechanical and electrical connections, testing, and commissioning. This modular and phased strategy allows the company to add capacity in line with demand while maintaining disciplined development.
"It is with immense pride that we announce the arrival of our electrolyzer in Sorel-Tracy today. 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," said Dave Gagnon, President and CEO of Charbone. "This achievement also reflects the exceptional commitment of our employees, partners, suppliers, and all stakeholders contributing to the development of our flagship site. 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, and we look forward to providing further updates as we advance through the next stages of commissioning and ramp-up."
The arrival of the electrolyzer is a decisive step toward increased production capacity and confirms tangible progress in Charbone's development plan. The company focuses on producing, storing, and distributing UHP hydrogen and other strategic industrial gases for sectors including semiconductors, artificial intelligence and data centers, advanced pharmaceuticals, and aerospace and defense technologies. Charbone's modular, decentralized, and demand-driven approach, combined with its integrated storage and distribution platform, supports scalable growth and enhances operational flexibility.
Charbone is committed to supporting the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gases. The company is listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com.
