South Africa's potential first helium plant could be worth R1.7 trillion

[mylesillidge]

The R8 investment that could be worth R1.7 trillion — Big plans for South Africa's first helium plant in 2023

South Africa could soon become the world's eighth country to produce highly sought-after helium.

That is if plans for Renergen's Virginia Gas Project, the country's first and only on-shore petroleum production facility, can get back on track in the coming months.

 

[rvZA]

That is if plans for Renergen's Virginia Gas Project, the country's first and only on-shore petroleum production facility, can get back on track in the coming months.

Not going to happen with the ANC in charge of the country. Unfortunately.

 

[quovadis]

Let’s hope this R8 windfall is taxed appropriately. Maybe we can buy some more diesel to burn @ Eskom.

 

[lkswan747]

Lets hope this not a load of gas and that they are able to produce the goods.
Guvmunt must keep their grubby paws off, especially Gwede!

 

[blah99]

Our cadres would want their share of the pie. a BIG share.

 

[Mike Angelo]

Only going to benefit the cadres.

 

[wbot]

 

[bromster]

You know it's gonna be big when America is already trying to weasel their way in.