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, announced the release of 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 highlight the industrial gas market tailwinds and an expanding portfolio of clean UHP hydrogen production plants and regional supply hubs.
According to the company, the global ultra-high purity (UHP) gas market is projected to grow from approximately US$37.5 billion in 2025 to US$52.8 billion by 2030, representing a compound annual growth rate (CAGR) of 7.1%, based on a 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. The supply gap is noted as 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.
Clean UHP hydrogen is CHARBONE's core production molecule. Global hydrogen demand 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, a fivefold increase versus 2024. Drivers include semiconductor fabs, AI data centers, carbon-price pressure and industrial decarbonization mandates.
UHP helium is classified as a strategic critical material by the European Union, Canada and the United States, with no viable substitutes in semiconductor manufacturing, MRI imaging, aerospace, and fiber optics. The global helium market 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. Highly geographically concentrated supply creates chronic shortage risk and pricing power for reliable regional distributors.
The UHP semiconductor gas market is projected to grow from approximately US$7.4 billion in 2025 to US$14.2 billion by 2034, at a CAGR of 7.5%, based on a MarketsandMarkets High Purity Gas Market Report 2025.
CHARBONE’s project pipeline includes the flagship Sorel-Tracy, Quebec, Canada project, which launched Phase 1A in Q4 2025 with continuous commercial production and initial hydrogen revenues, with multiple U.S. and Canadian sales confirmed in Q1 2026. The modular build-out includes up to 5 phases, scaling from 2.25 MW to 25.65 MW of installed electrolysis capacity. Indicative annual sales potential by phase ranges from C$5.1 million (Phase 1) to C$66.0 million (Phase 5). Renewable baseload electricity from Hydro-Quebec powers the project, with greenhouse gas emissions expected to be reduced by approximately 10 kilograms of CO2 for every kilogram of hydrogen produced.
In Detroit, Michigan, Phase 1 capacity is 1 ton per day of clean UHP hydrogen, strategically located in the Great Lakes corridor with proximity to growing semiconductor and advanced manufacturing customers, and access to the Chicago, Cleveland and Toledo industrial markets. Site selection and permitting are targeted for H1 2026, with Phase 1 launch targeted for H2 2026. In Wisconsin, Phase 1 capacity is 200 kg per day (0.5 MW), leveraging the Company’s Wolf River hydro dam assets for renewable power. The Company owns approximately 157,687 sq. ft. of land, with site permitting advancing through H2 2026.
In Malaysia, CHARBONE has a partnership with Green Hydrogen ASIAPAC SDN BHD under an asset-light equity participation model. Advisory engagement launched in Q4 2025, with initial advisory revenues and an executive mission completed in Q1 2026, and equity participation intent confirmed in April 2026. Malaysia is a top-10 global semiconductor manufacturing hub with rapidly growing industrial gas demand.
Beyond these four projects, the Company is evaluating 12+ additional plant opportunities across North America and Asia-Pacific. CHARBONE’s hydrogen production assets are supported by a network of Regional Supply Hubs for storage and distribution, with hubs in development in Ontario, Quebec, Nova Scotia and New York, targeting 6-8 hubs total across North America. Hydrogen and helium tube trailers have been deployed, supporting commercial deliveries across Ontario, Quebec and New York State, and multi-year supply agreements are in place with a subsidiary of one of the world’s largest chemical and industrial conglomerates.
“The updated Corporate Presentation and Fact Sheet bring together the market context and the project execution story that we believe make CHARBONE a differentiated investment opportunity. 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.
