CA Market News
2月前
Avanti Helium Advances Sweetgrass Toward Mid-Year Production with Initial Plant Mobilization Payment InstallmentApril 14, 2026 6:00 AM
PR Newswire (Canada)
CALGARY, AB, April 14, 2026 /CNW/ - Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) ("Avanti" or the "Company") is pleased to announce a major execution milestone at its flagship Sweetgrass Helium Project in Montana, having advanced the initial payment installment required to commence final plant modifications, disassembly, and relocation of its helium processing facility to Montana.This payment formally initiates the next phase of development, allowing plant optimization work, disassembly, logistics coordination, and mobilization activities to begin immediately, marking the transition of Sweetgrass from late-stage development into the final path toward production.The Company continues to target first helium production by mid-2026, positioning Avanti to become one of the few new North American helium producers entering the market at a time of tightening global supply and growing U.S. strategic demand.A Major Step Toward ProductionThe processing plant, which was previously constructed and successfully operated, will now undergo final project-specific modifications before being transported to the Company's Sweetgrass site in Montana for installation and commissioning.With this milestone now underway, Avanti expects project activities to accelerate significantly over the coming weeks, including:Final plant modifications and optimizationPlant disassembly and transport logisticsMontana lease site preparation and civil workFacility pad construction and infrastructure tie-insPiping, metering, and compression installationFinal commissioning and start-up preparationThese activities are expected to run in parallel to support the Company's targeted mid-year production timeline.Montana Site Work to Begin ImmediatelyIn parallel with plant relocation activities, Avanti is preparing to commence site development and lease construction work in Montana, ensuring the Sweetgrass location is ready for plant installation immediately upon arrival.Ground crews and construction contractors are positioned to begin work as conditions allow, including:Site grading and lease preparationCivil earthworks and pad constructionBuilding and utility installationWellsite integration and inlet infrastructureFinal pipeline and facility connectionsThis coordinated execution strategy is designed to compress the timeline to production and materially de-risk the final development phase.Chris Bakker, CEO of Avanti Helium, commented:"This is an extremely exciting milestone for Avanti and a major step forward for the Sweetgrass project.Advancing the initial payment to begin plant modifications, disassembly, and relocation moves us decisively into the execution phase and puts us firmly on the path toward targeted mid-year production. With site work in Montana beginning in parallel, we are now seeing all the major pieces come together to transform Sweetgrass into a producing helium asset and position Avanti for meaningful near-term Helium Production."Positioned for a Tightening North American MarketAs global helium markets remain tight and U.S. supply security becomes increasingly important, Avanti believes Sweetgrass is uniquely positioned to provide a secure North American source of high-purity helium supply.Upon commissioning, Sweetgrass is expected to become one of the few new domestic helium production facilities entering the U.S. market in the near term, supporting industries including semiconductors, aerospace, healthcare, advanced manufacturing, and defense.About Avanti Helium Corp.Avanti is focused on the exploration, development, and production of helium across western Canada and the United States. Avanti's experienced oil and gas exploration and production team is actively targeting helium trapped in structures to meet increasing global demand for an irreplaceable and scarce element critical to advanced technology, medical, aerospace, and semiconductor industries.Website: www.avantihelium.com Forward-Looking StatementsThe information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: statements relating to the expected timing for the development of the helium recovery plant and timing estimates with respect to initial production therefrom, statements relating to the expected benefits to Avanti from the midstream agreement and liquefaction tolling agreement, statements relating to obtaining financing to fund associated infrastructure work for the plant, risks associated with helium exploration, development, production, marketing and transportation, volatility in helium prices, risks relating to the Company's ability to access sufficient capital from production and external sources, risks and uncertainties relating to the Company's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information. Please see the public filings of the Company at www.sedarplus.ca for further information and risks applicable to the Company.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
View original content:https://www.prnewswire.com/news-releases/avanti-helium-advances-sweetgrass-toward-mid-year-production-with-initial-plant-mobilization-payment-installment-302741099.htmlSOURCE Avanti Helium Corp.
Original: Avanti Helium Advances Sweetgrass Toward Mid-Year Production with Initial Plant Mobilization Payment Installment
CA Market News
3月前
Avanti Helium Urges U.S. Government to Designate Helium as a Critical Mineral Amid Rising Supply RisksMarch 13, 2026 7:00 AM
PR Newswire (Canada)
CALGARY, AB, March 13, 2026 /CNW/ - Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) ("Avanti" or the "Company") today reiterated its September 2025 request that helium be formally designated as a Critical Mineral by the United States, highlighting growing geopolitical risks to global helium supply and the urgent need to secure reliable North American production.Helium is a strategic material with no practical substitutes, essential to industries central to U.S. economic competitiveness and national security, including semiconductor manufacturing, aerospace, space launch systems, medical imaging (MRI), advanced manufacturing, scientific research, and quantum computing.Despite its critical importance, the United States is becoming increasingly dependent on foreign supply.Global helium supply is highly concentrated, with a large portion of non-U.S. production originating from Qatar and Russia, regions exposed to geopolitical and trade disruptions. At the same time, U.S. domestic production has declined from approximately 82 million m³ in 2020 to 68 million m³ in 2024, while demand continues to accelerate.With the Federal Helium Reserve sold to a foreign company, supplies being depleted, and global demand forecast to nearly double over the next decade, Avanti believes the United States could soon transition to a structural helium supply deficit, increasing reliance on foreign imports for a resource critical to healthcare, advanced technology, and defense systems. A strong domestic exploration sector can alleviate this risk.National Security and Strategic SupplyHelium plays an essential role across multiple U.S. defense and aerospace applications, including:Rocket propulsion and missile systemsSpace launch operationsAdvanced cryogenic sensors and defense researchNuclear material detection technologiesNaval deep-sea operationsPersistent battlefield communication systemsDisruptions to helium supply could have direct impacts on U.S. defense readiness, semiconductor manufacturing, and medical infrastructure.Domestic Supply is CriticalAvanti believes expanding North American helium production is essential to ensuring long-term supply security for the United States.The Company's Sweetgrass Helium Project in Montana, expected to enter production in 2026, is designed to provide a reliable domestic source of helium supply directly to the U.S. market.Unlike many global helium sources located in geopolitically sensitive regions, Avanti's production is located in one of the most stable energy jurisdictions in the world, supporting the development of a secure North American helium supply chain.CEO CommentaryChris Bakker, CEO of Avanti Helium, commented:"Helium is not just an industrial gas—it is a strategic resource that underpins critical industries across the U.S. economy, from healthcare and semiconductors to aerospace and national defense.With global supply increasingly concentrated in geopolitically sensitive regions, the United States must prioritize the development of secure domestic and North American helium supply.Projects like Sweetgrass represent a rare opportunity to strengthen U.S. supply security while supporting industries that are essential to economic growth and national security."Request for Critical Mineral DesignationAvanti previously submitted a formal request to the U.S. Department of the Interior and the U.S. Geological Survey to include helium on the U.S. Critical Minerals List under the criteria established by the Energy Act of 2020.The Company believes helium clearly meets all statutory requirements, given:Its indispensable role in national security and advanced technologyIncreasing supply chain vulnerabilityThe absence of viable substitutesAvanti respectfully reiterates its request that helium be formally designated as a U.S. Critical Mineral, a move that would help accelerate investment in domestic supply and strengthen the country's long-term strategic resource security.About Avanti Helium Corp.Avanti is focused on the exploration, development, and production of helium across western Canada and the United States. Avanti's experienced oil and gas exploration and production team is actively targeting helium trapped in structures to meet increasing global demand for an irreplaceable and scarce element critical to advanced technology, medical, aerospace, and semiconductor industries. Website: www.avantihelium.comForward-Looking StatementsThe information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: statements relating to the expected timing for the development of the helium recovery plant and timing estimates with respect to initial production therefrom, statements relating to the expected benefits to Avanti from the midstream agreement and liquefaction tolling agreement, statements relating to obtaining financing to fund associated infrastructure work for the plant, risks associated with helium exploration, development, production, marketing and transportation, volatility in helium prices, risks relating to the Company's ability to access sufficient capital from production and external sources, risks and uncertainties relating to the Company's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information. Please see the public filings of the Company at www.sedarplus.ca for further information and risks applicable to the Company.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
View original content:https://www.prnewswire.com/news-releases/avanti-helium-urges-us-government-to-designate-helium-as-a-critical-mineral-amid-rising-supply-risks-302713057.htmlSOURCE Avanti Helium Corp.
Original: Avanti Helium Urges U.S. Government to Designate Helium as a Critical Mineral Amid Rising Supply Risks
Hot Features
プレミアム
登録してリアルタイムのアラート、カスタムポートフォリオ、市場の動きを入手してください。
BIOCHEMUP
1月前
Mrgood
5年前
メールアドレスで登録
