Scattering and ionizing cross sections and rates are calculated for ultracold collisions between metastable helium atoms using a fully quantum-mechanical close-coupled formalism. Homonuclear collisions of the bosonic 4 He * + 4 He * and fermionic 3 He * + 3 He * systems, and heteronuclear collisions of the mixed 3 He * + 4 He * system, are investigated over a temperature range 1 µK to 1 K. Carefully constructed Born-Oppenheimer molecular potentials are used to describe the electrostatic interaction between the colliding atoms, and complex optical potentials used to represent loss through ionization from the 1,3 Σ states. Magnetic spin-dipole mediated transitions from the 5 Σ state are included and results reported for spin-polarized and unpolarized systems. Comparisons are made with experimental results, previous semi-classical models, and a perturbed single channel model.