15th Jul 2025 21:44
Helix Exploration PLC - London-based helium miner focused on Montana in the US - Announces the start of civil work and plant construction at the Rudyard Project, Montana. Civil construction is underway at the Rudyard site, including ground clearance and compaction prior to installation of a reinforced concrete pad. PSA plant and membrane modules from Texas to Montana are on track for delivery in August 2025. In addition, compressor units are expected to follow soon after. Helix says first helium production is targeted to commence once final equipment delivery & integration is completed onsite. Chief Executive Bo Sears says: "With four production wells already drilled, a fifth in progress, and equipment mobilisation underway, Helix remains focused on delivering one of the most cost-effective and rapid developments in the North American helium sector."
Current stock price: 26.30 pence, closed up 1.2% in London on Tuesday
12-month changed: up 3.1%
By Jeremy Cutler, Alliance News reporter
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
Helix Exploration