Nice10 Jun 2025 08:16
Marketing and Offtake Strategy
The joint venture is actively developing its marketing and offtake strategy with a view to establishing operating partners across the entire helium supply chain. These include but are not limited to, securing distribution partners for transportation of both bulk liquid helium and gaseous helium, pursuing direct sales to end-users, targeting buyers who prioritise continuity and security of supply and aiming for long-term agreements designed to navigate helium supply and price cycles effectively.
Development Strategy and Future Outlook
This phased approach allows for efficient capital deployment and leverages early operational learnings from the Pinon Canyon Plant.
Based on the future performance of the Pinon Canyon Plant and ongoing appraisal drilling success, the joint venture will also assess the potential for establishing a second processing facility at a new location to further develop the extensive resources within the Galactica-Pegasus Project area.
Further updates will be provided to the market at key milestones during the development phase.