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, today announced the release of its updated Corporate Presentation and Fact Sheet. The materials are now available in the Investors section of the Company’s website at www.charbone.com. The updated investor materials highlight the industrial gas market tailwinds and an expanding portfolio of clean UHP hydrogen production plants and regional supply hubs.
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. CHARBONE operates in a critical segment of the modern industrial economy, with demand drivers anchored in semiconductor fabrication, AI and data centers, advanced pharmaceuticals and biotech, aerospace and defense, and precision laboratories.
According to the IEA Global Hydrogen Review 2025, global hydrogen demand reached nearly 100 million tons in 2024, with less than 1% sourced from low-emissions production. Low-emissions hydrogen production is expected to reach 4.2 Mtpa by 2030, a fivefold increase versus 2024. 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 MarketsandMarkets' High Purity Gas Market Report 2025. The supply gap remains significant as global supply is dominated by a handful of mega-plant operators, creating a structural opening for regional, modular and decentralized producers and distributors like CHARBONE.
UHP helium is classified by the European Union, Canada, and the United States as a strategic critical material, 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 (Grand View Research, 2025–2034). Semiconductors accounted for approximately 24% of global helium consumption in 2025, projected to rise to approximately 30% by 2030 (USGS, 2025).
CHARBONE’s project pipeline includes its flagship Sorel-Tracy, Quebec project, which launched Phase 1A 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 up to 5 phases, scaling from 2.25 MW to 25.65 MW of installed electrolysis capacity, with indicative annual sales potential ranging from C$5.1M (Phase 1) to C$66.0M (Phase 5). Power is sourced from Hydro-Quebec’s approximately 100% renewable grid, reducing greenhouse gas emissions 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, with site selection and permitting in H1 2026 and 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. In Malaysia, CHARBONE has an asset-light equity participation model with Green Hydrogen ASIAPAC SDN BHD, with advisory revenues in Q4 2025 and equity participation intent confirmed in April 2026. Malaysia is a top-10 global semiconductor manufacturing hub, with rapidly growing industrial gas demand driven by foreign direct investment in chip fabs, data centers and advanced manufacturing.
Beyond these four projects, CHARBONE is evaluating 12+ additional plant opportunities across North America and Asia-Pacific. The Company’s hydrogen production assets are supported by a network of Regional Supply Hubs for storage and distribution, with hubs in Ontario, Quebec, Nova Scotia and New York, and a target of 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, providing a recurring revenue foundation.
“The updated Corporate Presentation and Fact Sheet bring together, in one place, the market context and the project execution story that we believe make CHARBONE a differentiated investment opportunity,” said Dave B. Gagnon, Chairman and Chief Executive Officer of CHARBONE. “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.”
