Company
Charbone Corporation
Ticker
TSXV: CH | OTCQB: CHHYF | FSE: K47
Listings
TSX Venture (Canada) | OTCQB (USA) | Frankfurt (Germany)
Market cap
~C$47 million (as of Nov 3, 2025)
Share price
C$0.25 (at time of publication)
Market size
The global hydrogen market is poised for significant growth, with projections indicating a rise from USD 225.12 billion in 2025 to USD 312.90 billion by 2030, at a CAGR of 6.8%.
Industry
Clean UHP hydrogen production & industrial gases distribution
Website
https://www.charbone.com/
MALMÖ, Sweden, Dec 1st, 2025
Esgfire congratulates Charbone Corporation on achieving a major operational milestone with the first successful production of clean Ultra High Purity (UHP) hydrogen at the Sorel-Tracy facility. The confirmation that all Phase 1A equipment is installed and functioning according to plan marks a significant step forward for Charbone’s decentralized hydrogen model and validates the company’s execution capabilities.
This first molecule of hydrogen is more than symbolic — it represents the transition of Charbone’s Quebec flagship from development to commercial production, aligning with the company’s broader vision of establishing a North American network of modular clean-hydrogen and specialty-gas facilities. With global demand for clean and locally produced hydrogen accelerating, Charbone’s modular, risk-reduced approach positions it strategically within an emerging and rapidly scaling sector.
Esgfire views this development as a strong signal of momentum, strengthening Charbone’s credibility and supporting its long-term roadmap for multi-phase expansion. As the clean-energy market continues to evolve, Charbone’s early-mover advantage in localized UHP hydrogen production could become a key differentiator—both for industrial customers and for investors seeking exposure to the hydrogen value chain.
We look forward to monitoring Charbone’s progress as it advances toward full commercial output and executes on its multi-phase growth strategy.
ESGFIRE is a Swedish investment company and research firm that focuses on companies with either an environmentally friendly service or product. By only investing in environmentally friendly companies, ESGFIRE have outperformed the major indexes for several years. We have a track record of over 1000 % returns since 2018 using our own proven method of identifying high potential ESG companies.
Contact details
Website: www.esgfire.com
CEO: Filip Erhardt
Email: Filip@esgfire.com
Telephone:+46701609605
Legal Disclaimer
This post is based upon reliable sources, namely regulated press releases from the company and investor presentations. Nevertheless, this post may contain interpretations, estimates, or opinions of the authors, or other non-factual information. If that is the case, this is continuously stated above. Furthermore, any projections, forecasts, or similar are explicitly stated as such. The author holds shares and/or other securities of this company and the relevant company may or may not have paid the author for this content. . Because of the above, ESGFIRE urges the visitors to always analyze all materials critically in an objective manner, e.g., concerning the reliability of the relevant source and of what constitutes the authors’ personal interpretations. The visitor is hereby reminded that the post does, as set forth in the Post, contain interpretations, estimates, or opinions of the authors. This post was written by Filip Erhardt, at ESGFIRE, published 1/12 2025 by Filip Erhardt.
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