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Reliance Industries purchased a 21% stake in US helium firm Wavetech Helium Inc for $12 million on November 27, 2024.
Reliance Industries, led by Mukesh Ambani, has bought a 21% stake in US helium company Wavetech Helium Inc for $12 million.
This move supports Reliance's goal to expand into low-carbon solutions.
Helium, used in medical, research, aerospace, and semiconductor industries, sees rising demand due to AI and data center growth.
The deal, finalized on November 27, 2024, isn't a related-party transaction.
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Reliance Industries compró una participación del 21% en la firma estadounidense de helio Wavetech Helium Inc por 12 millones de dólares el 27 de noviembre de 2024.