Pulsar Helium signs US$85.5 million Baker Hughes equipment deal for Minnesota Rare Gas Hub
Bitget2026/10/01 06:02- 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.
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