Rift Helium Lists on AIM Amid Geopolitical Risks Affecting Global Helium Supply
Rift Helium plc has listed on the London Stock Exchange's AIM market, raising £8.1 million with an implied market capitalization of £13.4 million. The company plans to use the funds for exploration in Tanzania's Rukwa Basin, targeting helium resources in a region less exposed to geopolitical risks. The listing occurs amid global helium supply constraints due to geopolitical tensions and export disruptions.
Topics: AIM listing exploration geopolitical risk helium supply stock listing