Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) announced that it has received all major components of its production equipment at its Sorel-Tracy site in Quebec, with the delivery completed safely and without incident.
The company said the arrival of the equipment represents a key milestone in the development of the green hydrogen project.
“We are extremely proud of the exemplary work of our internal teams and our specialized technical partners, who ensured the transfer and reception of the equipment without the slightest incident and in compliance with the highest safety standards,” Charbone CEO Dave Gagnon said in a statement.
“The arrival of the components at our site in Sorel-Tracy marks a concrete step towards the local production of clean UHP hydrogen and confirms the rigor of our modular project approach. Each milestone brings us closer to a historic commissioning for Quebec and for the entire Canadian industrial gas sector.”
Site teams will continue mobilization efforts this week in preparation for the official start of civil works on October 27, the company said.
This initial phase will be followed by the reinstallation, connection, and commissioning of the equipment, which are scheduled to take place in November 2025.
Charbone highlighted that the progress at Sorel-Tracy builds on the strategic transaction announced on October 7, through which it acquired hydrogen production assets.
The company said the acquisition is expected to lower capital costs and accelerate its path to market by incorporating proven and efficient equipment.