Helix Exploration PLC (LSE:HEX) has reported major operational progress at its flagship Rudyard Project in Montana, bringing the company a step nearer to first helium production. Recent milestones include the mobilization of a PSA plant, completion of key site preparations, and active negotiations with industrial gas buyers over potential off-take agreements.
The company expects to begin production shortly after the final equipment components are delivered in November 2025 — a pivotal moment that could establish Helix as a leading helium producer in Montana. This step is set to strengthen its market position and deliver meaningful value to shareholders as it transitions from development to production.
About Helix Exploration
Helix Exploration PLC is a dedicated helium exploration and development company operating within the Montana Helium Fairway. Founded by industry specialists, the company capitalizes on existing infrastructure and low-cost processing methods to efficiently commercialize its resources. Its Rudyard Project in northern Montana includes four production wells, with the goal of generating strong, sustained revenue over the project’s life cycle.
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