Avanti Helium Signs Agreement For Existing U.S.-Based Helium Processing Plant to Accelerate Sweetgrass Production Timeline

Executive Summary

• Avanti Helium entered a non‑binding MOU with an established helium technology provider to relocate and install an existing, fully constructed helium processing plant at the Sweetgrass project in Montana.
• The plant has ~10 MMcf/d inlet capacity (upgradable to ~15 MMcf/d), >98% helium purity, and is expected to achieve ~95% uptime, accelerating first‑helium production to 2026.
• The arrangement uses a multi‑year lease with optional purchase and maintenance provisions, allowing Avanti to avoid large upfront capital outlays while maintaining full operational control.

Key Details

• MOU Scope: Advance definitive agreements for relocation, installation, commissioning, and operation of an existing U.S.–based helium processing plant at Sweetgrass.
• Plant Status: Already constructed and operational (≈3 months runtime), reducing execution risk and shortening development timeline.
• Capacity & Performance: Designed for ~10 MMcf/d inlet capacity; potential upgrade to ~15 MMcf/d. Targeted availability ≈95%; helium purity >98% (upgrade path to 99.999%).
• Lease Structure: Multi‑year lease with renewal options and a purchase option; fixed monthly fee replaces large upfront capital cost; includes paid maintenance and hardware replacement provisions.
• Infrastructure Readiness: Sweetgrass site has leased land, road access, pipeline connections, and civil works ready to commence upon definitive agreement execution.
• Timeline: Accelerated relocation, installation, and commissioning planned for 2026 with first helium production and sales expected later that year.
• Strategic Impact: Enables Avanti to compress development timeline, lower capital risk, and move quickly toward revenue generation in a strengthening North American helium market.
• CEO Quote: “Securing access to an existing, U.S.-based helium processing plant with minimal hours of runtime allows the Company to materially compress our development timeline while reducing capital and execution risk.” – Chris Bakker, CEO

Notable Quotes

"This is a major step forward for Avanti," said Chris Bakker, CEO of Avanti Helium. "Securing access to an existing, U.S.-based helium processing plant with minimal hours of runtime allows the Company to materially compress our development timeline while reducing capital and execution risk."