Helium One Global (LSE:HE1) said first helium gas was produced in December 2025 at the Pinon Canyon Plant on the Galactica Project in Colorado, marking a significant operational milestone for its joint venture with operator Blue Star Helium. The achievement represents the transition from development into early production and the start of initial revenue generation.
Technical teams are now focused on optimising plant performance and stabilising throughput to meet early offtake commitments. The first helium tube trailer is already on site and being filled, signalling the commencement of sales activity. Blue Star is pursuing a combination of short-term sales agreements to generate immediate cash flow, alongside longer-term offtake contracts intended to support predictable and scalable revenues over time.
Looking ahead, further well tie-ins and infill drilling are planned to increase supply to the plant and underpin a meaningful ramp-up in production through 2026. Management believes these steps will enhance Helium One’s position as an emerging domestic source of helium for the US market, where supply remains structurally tight.
More about Helium One Global
Helium One Global Ltd is a helium exploration and development company with core assets in Tanzania and a 50% working interest in the Galactica–Pegasus helium development project in Colorado, USA. The group holds helium licences across two continents and aims to position itself as a strategic supplier into a constrained global helium market. Its flagship Rukwa Project in Tanzania continues to advance through appraisal and development following a successful discovery and the award of a large-scale mining licence.
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