Tanzania Finalises Agreements for First Helium Mining Licence, Clearing Southern Rukwa Project for Development
Helium One Global (AIM: HE1) and the government of Tanzania have executed the Framework Agreement and Shareholders' Agreement supporting Tanzania's first-ever helium mining licence, activating the 480 km² Southern Rukwa Project under joint venture Songwe Helium Ltd, in which Helium One holds an 83% interest. The company has also appointed PVE Consulting to lead the farm-out process for the project, which flowed 5.5% helium to surface during its 2024 extended well test.
5/6/2026 7:05:00 PM