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Avanti Helium (OTC: ARGYF) advanced the initial plant mobilization payment for its Sweetgrass Helium Project, triggering final plant modifications, disassembly, transport and site mobilization in Montana.
The company said these parallel activities position Sweetgrass for targeted first helium production by mid-2026, using a previously constructed processing plant that was successfully operated.
Avanti Helium (OTC: ARGYF) urged the U.S. government on March 13, 2026 to designate helium as a U.S. Critical Mineral, citing growing geopolitical supply risks and declining U.S. production. The release notes U.S. production fell from 82 million m³ (2020) to 68 million m³ (2024) and forecasts rising demand that may create a structural supply deficit.
Avanti highlights its Sweetgrass Helium Project in Montana, expected to enter production in 2026, as a domestic supply to reduce import reliance and support national security and critical industries.