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53 min ago 2 min read
Helium exploration company Blue Star Helium has signed a short-term helium supply deal for “any and all helium” produced at the Pinon Canyon plant in Las Animas County, Colorado.
The fixed-price agreement will run until 31 August 2026 and represents the company’s first formal helium sales contract, while it continues making smaller spot sales and negotiates longer-term supply agreements.
Blue Star has described the offtaker as a publicly listed US industrial gas company.
Trent Spry, Managing Director and CEO of Blue Star Helium, said the fixed pricing secured under the agreement reflects the demand and the strength of the current US spot market.
“[The deal] validates the quality of our helium product and the underlying project and establishes a revenue pathway as we continue the transition to steady-state production,” he said.
Since starting operations in March 2026, the Pinon Canyon plant has been in a commissioning phase, where it is being tested and adjusted as it moves toward steady, full production.
Blue Star says that plant performance is improving, with more consistent uptime and smoother operating cycles. As production stabilises further, future output will be supplied under the new sales agreement.
Aside from helium, the company is also working to secure a commercial solution for CO2 produced at the Colorado site. In an update earlier this year, it was said that the project was on schedule to begin CO2 liquefaction in Q2 2026.
