Helium One Global Limited (GB:HE1) has released an update.
Helium One Global Ltd, a key helium explorer in Tanzania, has submitted a comprehensive Mining Licence application for its southern Rukwa Helium Project, which includes a detailed feasibility study and environmental assessment. The company has also let some prospecting licences expire to save on annual fees and is now focusing on a joint venture in Colorado while awaiting the Tanzanian government’s response to their application. These developments mark significant progress as the company moves towards production and strengthens its position in the global helium market.
For further insights into GB:HE1 stock, check out TipRanks’ Stock Analysis page.