RENERGEN LTD-CDI

0.520

-0.045-7.96%

Volume:684.00

Turnover:357.00

Market Cap:80.62M

PE:-6.91

High:0.530

Open:0.530

Low:0.520

Close:0.565

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News

Renergen Says Unit Successfully Appeals Facility Approval in Land Use Rights Dispute

MT Newswires Live

·

11 Apr

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On Spotify, Apple, and more.In a rollercoaster week that saw some of the most historic rises and falls in the last few decades, ASX 200 futures are pointing to a dour end, with escalating China-U.S. trade war issues at the forefront of the 100-plus point dip.Back home, Jade Gas Holdings  has wrapped up “promising” horizontal drilling at its Red Lake Gas Field, with the company now expecting everything to be online and producing within the next three or four weeks.On a similar progression note, VHM Limited  has landed a mining licence for its flagship Goschen Rare Earths and Mineral Sands Project in northwest Victoria.Renergen  has also shared a win with shareholders: The defective Section 53 MPRDA approval for its solar ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://themarketonline.com.au/asx-market-open-dour-end-to-oz-bourses-wild-up-and-down-week-april-11-2025-2025-04-11/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"markerherald_stock","symbols":["BK7142","JGH.AU","VHM.AU","CNB.AU","RLT.AU","BK7095"],"gpt_icon":0},{"id":"2519976998","title":"Renergen overcomes technical challenges to achieve maiden liquid helium sale","url":"https://stock-news.laohu8.com/highlight/detail?id=2519976998","media":"Small Caps","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519976998?lang=en_us&edition=fundamental","pubTime":"2025-03-14 09:10","pubTimestamp":1741914627,"startTime":"0","endTime":"0","summary":"Speciality gas developer Renergen  has hit a major milestone with the maiden sale of liquid helium from its Virginia gas project in South Africa.The company was forced to inform shareholders in February that it had not entered business rescue discussions after questions were raised over issues surrounding its helium production and a legal dispute with a neighbour.Those challenges have caused the company’s share price to plunge by almost half over the past 12 months—today’s sales news has seen it rebound by 5% in morning trade.Chief executive officer Stefano Marani said the company had recently implemented an effective alternative solution to overcome the challenges of integrating large iso-containers to the extreme temperature needed for liquid helium storage.“Our operations team has poured their hearts and souls into overcoming these technical challenges [and] successfully managing cryogenic liquid at -269 degrees Celsius is a remarkable accomplishment achieved by very few companies w","market":"hk","thumbnail":"https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2025/03/Renergen-ASX-RLT-Victoria-liquid-helium.jpg","type":0,"news_type":0,"thumbnails":["https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2025/03/Renergen-ASX-RLT-Victoria-liquid-helium.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://smallcaps.com.au/renergen-overcomes-technical-challenges-maiden-liquid-helium-sale/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":"smallcap_stock","symbols":["BK7142","RLT.AU"],"gpt_icon":0},{"id":"2519892129","title":"Renergen up +15% as liquid helium sales officially – and finally – kick off","url":"https://stock-news.laohu8.com/highlight/detail?id=2519892129","media":"The Market Herald","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519892129?lang=en_us&edition=fundamental","pubTime":"2025-03-14 08:51","pubTimestamp":1741913460,"startTime":"0","endTime":"0","summary":"“The long-awaited event of filling a helium container with liquid has now taken place, an achievement the Company is pleased to announce,” Renergen Ltd  wrote on Friday.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.That was enough to send the company’s share price over 15% higher to 52cps after a long-awaited journey from the South African-based player to produce helium – a material often prone to shortage, most recently during the COVID-19 years.In principle, the issue was getting supercooling apparatuses to work properly such that liquid helium could be made. . “After facing challenges cooling large iso-containers to the extreme temperatures needed for liquid helium storage , we’ve implemented an effective alternate solution,” Renergen wrote.The material provided in this article is for information only and should not be treated as investment advice. 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