Announced
Synopsis
ASP Isotopes, an advanced materials company, agreed to acquire Renergen, a South African public company producing Helium and LNG. Financial terms were not disclosed. “This is an exciting step for ASP Isotopes. With the planned Spin-Out of QLE, we have been considering the expansion of the ASP Isotopes business and this opportunity is the perfect fit for us. Both isotopes and helium are viewed by almost every western government as critically and strategically important materials. The combination of these two companies will create a company with huge strategic value and a vital part of a fragile supply chain enabling so many industries,”Paul Mann, ASP Isotopes Chairman and CEO.
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