Renergen’s Free State helium project balloons
Tetra4 project near Virginia is set to put the group — and SA — on the global stage as it targets supplying as much as 15%-20% of the chemical element, a key ingredient in the manufacture of computer ships and mobile phones
10 April 2022 - 09:07
When Renergen CEO Stefano Marani and COO Nick Mitchell acquired the petroleum production rights on a farm in the Free State for $1 in 2013, little did they know it would turn into the R5bn market cap company it is today.
Renergen’s subsidiary Tetra4, SA’s first and only onshore gas production rightholder, houses the Virginia Gas Project in the Free State that is expected to put the group on the map for the production of liquefied natural gas (LNG) and helium. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.