Helium One Global on Track for December Helium Production at Galactica Project

Helium One Global (AIM: HE1), the helium exploration company, affirmed that the Galactica-Pegasus helium development project in Colorado, USA, remains on schedule for initial helium production in December 2025.

The announcement follows a similar update from project partner Blue Star Helium (ASX: BNL). This confirmation provides markets with increased confidence in HE1's near-term production timeline.

The company reported that site preparatory work is largely complete, and all necessary construction permits are secured. Surveying for gathering lines, the plant site, and access roads has been finalized. This ground-level progress underscores the tangible advancement of the project.

Engineering plans for the gas gathering system are nearing completion, and the contractor has been selected. Similarly, general facilities engineering is progressing, with critical equipment packages chosen. Technology review and vendor selection for the amine/CO2 removal unit and the helium recovery unit are finalized, with the balance of plant equipment identification also completed.

The Galactica plant processing facility is slated to ramp up as wells are tied in during H1 2026, following the initial helium production in December 2025. First CO2 production is also expected in H1 2026. This phased approach allows for efficient optimization of the plant's capabilities.

Lorna Blaisse, Chief Executive Officer, commented: “We are very pleased to see this phase of the development progressing towards first gas in Q4. With contractor selection progressing and relevant permitting in place, we are excited to see the installation and commissioning process come to fruition over the coming months.”