11:13 AM EDT, 05/31/2024 (MT Newswires) -- Royal Helium ( RHCCF ) on Friday said shipped the 10th and 11th purified-helium trailers from the Steveville helium-purification facility, located near Brooks, Alberta.

The facility is ramping-up capacity and is experiencing growth in throughput rate and more consistency in run-time. On the inlet side, the production zones of the reservoir are flowing as projected with helium concentrations meeting or exceeding original expectations, the company said.

Over the past three weeks, Royal Helium ( RHCCF ) reached stable production at 50% of nameplate capacity with periodic increases up to 75% of nameplate capacity. Stable production at 50% of nameplate amounts to sales of four trailers per month, a 100% increase from prior levels. Once the plant is at capacity, it is expected to produce between seven and eight trailers of purified helium per month.

The company's shares were last seen unchanged at $0.08 on the TSX Venture Exchange.