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Pulsar Helium signs US$85.5 million Baker Hughes equipment deal for Minnesota Rare Gas Hub

PUBT·10/01/2026 06:02:32
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Pulsar Helium signs US$85.5 million Baker Hughes equipment deal for Minnesota Rare Gas Hub
  • Pulsar Helium signed a firm equipment-supply proposal with Chart Energy & Chemicals for its planned Rare Gas Hub in Minnesota.
  • Total equipment package priced at US$85.5 million, covering helium purification and liquefaction plus a CO2 capture plant.
  • Upfront US$5,025,000 due on signing, subject to TSXV approval; scheduled US$8.55 million milestone payment due Jan. 31, 2027.
  • Helium plant sized for 861 liters per hour, about 7,500,000 liters annually; CO2 plant sized for 300 tonnes per day.
  • Manufacturing expected to run about two years once the second milestone is paid; some helium liquefaction equipment already built.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pulsar Helium Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610010200PRIMZONEFULLFEED9837457) on October 01, 2026, and is solely responsible for the information contained therein.