ASP Isotopes says Renergen unit signs five-year LNG take-or-pay contract priced above $16/GJ

• ASP Isotopes reported Renergen unit Tetra4 signed a five-year take-or-pay LNG supply contract for output from South Africa’s Virginia Gas Project.
• Pricing set at more than $16/GJ on an all-in plant-gate basis; contract covers about 10% of Phase 1 nameplate capacity.
• Deal lifts contracted volumes to about 75% of anticipated Phase 1 LNG output; Phase 1 commercial operations targeted for completion in Q3 2026.
• Phase 1 expected output of 2,500 GJ/day of LNG; 70 Mcf/day of liquid helium; commercial production expected to start in Q3 2026.
• Assuming $15-$18/GJ LNG, $600/Mcf helium, annualized revenue capability cited at more than $27 million; revenue recognition expected in 2H 2026.

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