After numerous delays, Renergen has finally commenced production of liquid helium from its Virginia Gas Project in South Africa. The company is now accumulating inventory for customer deliveries scheduled in Aug'24. The Company has taken full control of the Phase 1 plant from the original equipment manufacturer and has successfully optimised the startup and cooldown processes, reducing the time required from over 65 days to just 9 days. Phase 1 involves producing 75mcf/d of liquid helium. A helium specialist from the US has been involved in fine-tuning the plant's operations, and his expertise will continue to support ongoing efforts, including the upcoming Phase 2 project which is expected to produce 894mcf/d of liquid helium.
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