Renergen’s share price soars on first helium sales
The company initially planned to start helium production at its Virginia gas project in 2016, with commercial sales expected by 2018
14 March 2025 - 18:25
Natural gas and helium producer Renergen has made the long-awaited first commercial sales of liquid helium from its Virginia Gas Project, sending the shares soaring.
The company had planned to start helium production in 2016, with commercial sales to follow by 2018. However, these and several other deadlines were missed as a result of technical issues and operational setbacks, including a leak in a helium cold box discovered in mid-2023, which halted production...
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