HeLIX Exploration PLC (AIM:HEX, OTCQB:HHEXF) said it is nearing first helium production at its flagship Rudyard project in Montana, with mobilisation of its pressure swing adsorption (PSA) plant scheduled to begin this week.
The company confirmed that all insurance and construction work for the facility are complete, and the plant has passed final testing ahead of shipment.
Helix said final PSA components are due in November, with production expected shortly afterwards.
"We are delighted with the progress Helix has made over the past six months as we enter the final phase before becoming the first producer of its kind in the State of Montana," said chief executive Bo Sears.
"Achieving this level of progress so soon after listing is an exceptional accomplishment.
"We are excited about the opportunities that production presents for the company and remain focused on maintaining this momentum through the remainder of 2025, into 2026, and beyond."