THE G SPOT
Renergen bags a big one
The entry of Canada’s Ivanhoe is a ringing endorsement for SA’s only helium producer
Described by its CEO as a "10-year overnight success story", helium exploration group Renergen has snagged a major backer — Canada’s Ivanhoe mines, which will take an initial 4.35% of the company for R200m with an option to buy a 55% share down the line. The FM spoke to CEO Stefano Marani.
How did Ivanhoe’s involvement come about?..