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Renergen receives US$40M for South Africa helium development

THE US government has provided South African LNG and helium play Renergen, which joined the Australian Securities Exchange in June, with US$40 million via its Overseas Private Investment Corporation, giving it more capital for the first phase of its Virginia gas project.

Renergen receives US$40M for South Africa helium development

  The two signed an agreement overnight though Renergen first announced the plan in February, months before it raised $10 million, twice its minimum subscription, via its ASX listing and Renergen will...

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