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Blue Star Helium Ramps Up Galactica Project as Pinon Canyon Plant Enters Commercial Phase

Story Highlights
  • Blue Star Helium has commenced optimized commercial operations at its new Pinon Canyon plant, with first refined helium produced and initial tube trailer loading underway.
  • The company is targeting early cash flow via short-term contracts and longer-term offtake deals, supported by additional drilling to ramp throughput and revenue through 2026 in the US helium market.
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Blue Star Helium Ramps Up Galactica Project as Pinon Canyon Plant Enters Commercial Phase

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The latest update is out from Blue Star Helium ( (AU:BNL) ).

Blue Star Helium has begun optimizing operations and ramping up commercial production at its newly commissioned Pinon Canyon processing plant for the Galactica Project, following the successful production of refined helium in December 2025. Technical teams are focused on stabilizing throughput to meet initial short-term offtake commitments, with the first helium tube trailer now on site for filling, each representing an estimated gross value of US$59,500 to US$102,000. The company plans to generate early cash flow via short-term contracts while simultaneously pursuing longer-term offtake agreements to underpin a steady increase in supply, supported by additional well tie-ins and infill drilling through 2026. By offering a fresh source of helium and CO2 to US buyers seeking to diversify supply portfolios, Blue Star aims to leverage the Pinon Canyon plant’s ramp-up to drive substantial revenue growth and strengthen its market position in the domestic helium sector.

The most recent analyst rating on (AU:BNL) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Blue Star Helium stock, see the AU:BNL Stock Forecast page.

More about Blue Star Helium

Blue Star Helium Limited is an ASX- and OTC-listed helium producer focused on supplying the US domestic helium and associated CO2 markets. Through its Galactica Project and the Pinon Canyon processing plant, the company is positioning itself as a new source of refined helium for a range of buyers, from large-scale transport and bulk storage operators to smaller transport, package gas distributors and key end users. The Galactica project is being developed in joint venture with Helium One Global Ltd, which holds a 50% working interest.

Technical Sentiment Signal: Sell

Current Market Cap: A$23.47M

See more insights into BNL stock on TipRanks’ Stock Analysis page.

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