Charbone Corporation has announced the development of its first hydrogen supply hub in the Ontario market, representing a significant milestone in the company's Canadian expansion strategy. The hub will function as a dedicated physical storage and local distribution facility designed to provide reliable, on-demand hydrogen supply to industrial, advanced-manufacturing, and mobility customers across Southern Ontario.
The company will utilize its existing physical infrastructure, including hydrogen storage tube assets, to establish the hub. This approach enables Charbone to secure local inventory and buffer capacity, control logistics, safety, and quality standards, reduce dependency on third-party logistics and storage, and improve supply reliability and response times for customers. This hub-and-spoke model serves as another cornerstone of Charbone's strategy to build a scalable network of hydrogen production and supply hubs across Canada and the United States.
Dave Gagnon, Charbone's Chief Executive Officer and Chairman of the Board, stated that this first Ontario hub represents a strategic step forward for the company. By investing directly in physical storage assets, Charbone reinforces its commitment to local operational control, supply security, and long-term value creation in key industrial markets. The Ontario hub is expected to support multiple customer types and dedicated supply programs with various delivery formats, including tube trailers and micro-bulk solutions, and is designed to accommodate future storage and production capacity expansions as market demand grows.
Charbone views Ontario as a priority market due to its concentration of industrial users, mobility initiatives, and advanced-manufacturing ecosystems. The company expects the hydrogen supply hub to play a foundational role in its broader North American hydrogen logistics platform. Additional information about Charbone's operations and strategy can be found on their corporate website at https://www.charbone.com.
In a separate development, Charbone has engaged Momentum Public Relations Inc. to provide investor and public relations services, represented by Maxence Gagné-Godbout. The six-month agreement involves a monthly fee of $10,000 and continues until May 15, 2026, subject to regulatory approval. The company's forward-looking statements and risk factors are detailed in its Management's Discussion & Analysis, available on SEDAR+ at https://www.sedarplus.ca.
