Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Helix Exploration Plc ( (GB:HEX) ).
Helix Exploration PLC has announced significant progress at its flagship Rudyard Project in Montana, moving closer to commencing helium production. Key developments include the mobilization of a PSA plant, completion of site preparations, and ongoing discussions with industrial gas companies for potential off-take agreements. The company anticipates starting helium production shortly after the final components arrive in November 2025, marking a pivotal stage in its operations and positioning it as a leading helium producer in Montana. This advancement is expected to enhance Helix’s market position and provide substantial value to its shareholders.
More about Helix Exploration Plc
Helix Exploration PLC is a helium exploration company focused on the development of helium deposits within the ‘Montana Helium Fairway’. Founded by industry experts, the company leverages existing infrastructure and low-cost processing to target helium production at its Rudyard Project in northern Montana. The company has four production wells and aims to generate significant revenue over the field’s lifespan.
Average Trading Volume: 1,220,989
Technical Sentiment Signal: Buy
Learn more about HEX stock on TipRanks’ Stock Analysis page.