tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Blue Star Helium Advances Galactica Project with Key Lease Agreement

Story Highlights
Blue Star Helium Advances Galactica Project with Key Lease Agreement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Blue Star Helium ( (AU:BNL) ) has provided an update.

Blue Star Helium has signed a lease agreement with Kinder Morgan for CO2 processing equipment, marking a significant step in the development of its Galactica project in Colorado. The project is on track to begin helium and CO2 production by December 2025, with the aim of establishing a major industrial gas supply area. This development is expected to deliver substantial value to stakeholders and positions Blue Star Helium as a reliable source of natural CO2 and helium.

More about Blue Star Helium

Blue Star Helium Ltd (ASX:BNL, OTC:BSNLF) is an independent helium exploration company focused on finding and developing new sources of low-cost, high-grade helium in North America.

Technical Sentiment Signal: Sell

Current Market Cap: A$25.22M

For an in-depth examination of BNL stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1