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An update from Helix Exploration Plc ( (GB:HEX) ) is now available.
Helix Exploration PLC has announced the commencement of construction at its Rudyard Project in Montana, marking a significant step towards becoming the first helium producer in the state. With civil works underway and equipment deliveries scheduled, the company is on track to begin helium production following the installation and integration of necessary equipment. This development positions Helix as a cost-effective leader in the North American helium sector, with the potential to generate substantial revenue over the project’s lifespan.
More about Helix Exploration Plc
Helix Exploration is a helium exploration company focused on developing helium deposits within the ‘Montana Helium Fairway’. Founded by industry experts, the company was listed in April 2024 and is focused on production at its Rudyard Project in northern Montana, leveraging existing infrastructure and low-cost processing to target first gas in 2025.
Average Trading Volume: 2,335,556
Technical Sentiment Signal: Strong Buy
For a thorough assessment of HEX stock, go to TipRanks’ Stock Analysis page.