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ASP Isotopes Inc. announced on August 6, 2026, that Tetra4 Proprietary Limited, a subsidiary of Renergen Limited and…
ASPIASP Isotopes Inc.
ASP Isotopes Inc. announced on August 6, 2026, that Tetra4 Proprietary Limited, a subsidiary of Renergen Limited and developer of the Virginia Gas Project in South Africa, entered into a five-year take-or-pay contract to supply liquified natural gas (LNG) to a domestic food processor. The agreement is priced at greater than $16 per GJ and represents approximately 10% of Phase 1 nameplate capacity, bringing total contracted volumes for Phase 1 to approximately 75%. Phase 1 is targeted for completion in the third quarter of 2026, with commercial production expected to commence during that period. The project is anticipated to generate annualized revenues exceeding $27 million based on assumed pricing for LNG and liquid helium. ASP Isotopes operates an advanced materials company focused on developing technologies for the production of critical isotopes used in nuclear medicine, semiconductors, and nuclear energy.