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Helium One Global Ltd (AIM:HE1, FRA:9K3) said a third helium tube trailer has been delivered from the Pinon Canyon Plant at its Galactica Project in Colorado, with a fourth already on site and being filled. Operator Blue Star Helium said trailer exchanges are now proceeding on a scheduled basis, marking the establishment of regular helium shipments from the project.
Helium One Global Ltd (AIM:HE1, FRA:9K3) told investors that its Colorado joint venture has completed its first helium sale under a short-term offtake agreement, marking the second commercial trailer delivery from the Galactica-Pegasus project. Operator Blue Star Helium has scheduled regular trailer exchanges, with replacement units beginning to fill as they arrive.
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Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF, FRA:9K3) told investors it has generated its first revenue from the Galactica-Pegasus helium project after the first production trailer was sold and left the Pinon Canyon plant in Colorado. The shipment concludes the early commissioning and optimisation phase at the facility, where uptime and helium fill rates have recently increased following longer periods of steady-state operation.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF, FRA:9K3) shares were on the front foot, rising around 11%, changing hands at 0.6p on Thursday, after it...
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF, FRA:9K3) said its 50%-owned Galactica Project has secured its first formal helium offtake commitment, giving the Colorado development a commercial bridge from early production to longer-term sales arrangements. The AIM-listed company said operator Blue Star Helium has entered a three-month purchase and sales agreement with a major US industrial gases buyer for all helium produced at the Pinon Canyon Plant.
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Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF, FRA:9K3) told investors it has completed the formal execution of agreements underpinning its southern Rukwa Helium Project mining licence in Tanzania, clearing a key administrative step as it launches a farm-out process for the asset. A ceremony, held on 2 May in the Songwe region, close to the project, marked the completion of the Framework Agreement and Shareholders' Agreement with the Government of Tanzania.
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