Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) announced that it has delivered its first load of clean ultra-high purity (UHP) hydrogen to an independent distributor in Ontario, marking the start of revenue generation for the company’s production division.
The company said the shipment was produced at its Sorel-Tracy facility in Quebec and supplied to a distribution partner located in Ontario.
The delivery represents Charbone’s initial commercial shipment of clean UHP hydrogen and demonstrates its ability to supply customers outside Quebec at the outset of its commercial operations.
Charbone said it plans to expand its distribution network over time and increase its presence across key industrial regions in Eastern Canada and the US Midwest.
“We are extremely proud to begin delivering locally produced clean UHP hydrogen to our first customer today,” Charbone CEO Dave Gagnon said in a statement. “This is another major milestone for Charbone, and also for the clean UHP hydrogen industry in North America.”
The company did not disclose purchase order volumes or pricing, citing competitive considerations in a market with limited access to consistent clean UHP hydrogen supply. Revenues from Charbone’s production, distribution, and advisory businesses are reported on a consolidated quarterly basis.