Blue Star Helium sells first tube trailer from Pinon plant
- Blue Star Helium has sold its first production tube trailer from the Pinon Canyon Plant.
- Following the announcement, the Blue Star Helium share price was unchanged at $0.006.
- The company stated that the sale concludes its early production commissioning and optimisation phase.
Blue Star Helium (ASX:BNL) has sold and dispatched its first helium production tube trailer from the Pinon Canyon Plant.
The initial transaction concludes the early production commissioning and optimisation phase at the facility after experiencing recent increases in plant uptime.
A new tube trailer is now on site and being filled under the offtake agreement announced on June 4.
The company stated that ongoing helium output growth is expected to be driven by planned production ramp-up activities, including plant debottlenecking and drilling additional development wells.
Following the announcement, the Blue Star Helium share price was unchanged at $0.006.
The underlying Galactica project is operated as a 50-50 joint venture with Helium One Global in Colorado.
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