Advanced materials company ASP Isotopes has signed an agreement to potentially acquire South African helium and liquefied natural gas producer Renergen.
The deal comes as ASP Isotopes transitions from development to commercial production, with three of its enrichment plants now producing Carbon-14, Silicon-28, and Ytterbium-176.
Isotopes are believed to have one of the most fragile supply chains globally, and the US Department of Energy, along with most Western governments, considers them critical materials.
The planned deal aims to create a more integrated supply chain, which could significantly reduce isotope enrichment costs compared to current levels.
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