Renergen Launches Liquid Helium Production, Begins Sales To Global Customers
Portfolio Pulse from Michael Cohen
Renergen Limited (OTC:RGNNF), a South African energy company, has announced the full operational status of its liquid helium production train. The facility, which began operations on July 19, positions South Africa among the few countries capable of producing liquid helium for the international market. The company has optimized processes to significantly reduce startup and cooldown timelines. A helium specialist from the United States has been collaborating with Renergen’s team to improve plant performance. The first batch of liquid helium is set for delivery later this month.

August 08, 2024 | 9:00 pm
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Renergen Limited has announced the full operational status of its liquid helium production train, significantly reducing startup and cooldown timelines. The first batch of liquid helium is set for delivery later this month.
The announcement of full operational status and the imminent delivery of the first batch of liquid helium are positive developments for Renergen Limited. These milestones indicate successful project execution and potential revenue generation, likely boosting investor confidence and positively impacting the stock price in the short term.
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