Helium One Global Limited ( (GB:HE1) ) has provided an update.
Helium One Global Ltd has formally accepted a Mining Licence for its southern Rukwa Helium Project in Tanzania, marking a significant milestone in its development efforts. The acceptance follows the approval of the Environmental and Social Impact Assessment and the issuance of an Environmental Impact Certificate. This advancement positions the company to move forward with planning and regulatory agreements, potentially enhancing its role in the helium industry and benefiting stakeholders.
More about Helium One Global Limited
Helium One Global Ltd is an AIM-listed company focused on exploring and developing helium resources in Tanzania. The company holds prospecting licenses across two project areas, Rukwa and Eyasi, with the potential to address the supply-constrained helium market. Its flagship project, the southern Rukwa Project, is located in the southern Rukwa Rift Basin and has shown promising results with significant helium discoveries.
YTD Price Performance: 11.73%
Average Trading Volume: 43,811,390
Technical Sentiment Signal: Buy
Current Market Cap: £59.21M
Learn more about HE1 stock on TipRanks’ Stock Analysis page.