LSE:HE1
AIM All-Share
Helium One Global Ltd
Industrial Metals and Mining
0.622p 0.008p 1.30% (as of close on 29/4/26)
| Market cap (m) | £61.3 |
| Enterprise value (m) | £59.0 |
Helium One Global Ltd is a helium exploration and development company focused on becoming a producer of natural helium. The business operates through two segments: the southern Rukwa Helium Project in Tanzania and its working interest in the Galactica-Pegasus helium and carbon dioxide project in Colorado, USA. Current activities include progressing the southern Rukwa discovery under its new mining licence and preparing further testing to support development, while in the USA, the company is advancing the Galactica-Pegasus project toward initial production. the company has a geographical presence in Tanzania and the United States.
Last Updated: 17/02/2026
Helium One Global said it concluded electrical submersible pump testing at its southern Rukwa project in Tanzania with no lost-time injuries. During the test period, the programme produced water and flow rates increased compared with natural flow seen in an earlier extended well test. Reported surface helium concentration reached a maximum with a sustained level during continuous flow, and the average gas-water ratio was measured.
The company said it is ready to begin a farmout process to identify and select an industry partner. It plans to commence partner discussions and seek external investment, and will schedule further testing at additional targets within the fractured basement.
