ASP Isotopes Inc. has announced an agreement to potentially acquire Renergen Limited, aiming to create a global leader in the production of critical materials, including helium and isotopically enriched gases. This strategic combination is expected to establish a vertically and horizontally integrated supply chain with significant synergies anticipated by 2026. The transaction foresees substantial growth, targeting over $300 million in EBITDA by 2030. Renergen will become an operating subsidiary of ASP Isotopes, with its current management remaining in place, and ASP Isotopes will gain listings on both the Nasdaq Stock Exchange and the Johannesburg Stock Exchange. Additionally, a unique helium asset is set to benefit from $750 million in debt funding to expand production in South Africa. Stefano Marani, CEO of Renergen, will join ASP Isotopes as CEO of Electronics and Space.
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