other_material
confidence high
sentiment negative
materiality 0.75
Matheson Tri-Gas terminates helium supply agreement with New Era Helium due to plant delay
New ERA Energy & Digital, Inc.
- MTG terminated gaseous helium agreement effective July 2, 2025, because Pecos Slope Plant missed July 1, 2025 startup deadline.
- Agreement required NEH to supply 50% of helium produced from Pecos Slope Plant to MTG.
- No new timeline for Pecos Slope Plant startup provided; termination may impact future revenue.
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