After a series of events that had negative implications for helium supply since the beginning of 2022, there have been several recent developments that bode well for improved supply during the second half of 2022.
Global Helium has entered the US helium market space, with the company on Wednesday (18th May) confirming the acquisition of a ‘very large position’ in a helium-proven geological structure in Montana.
Blue Star Helium has discovered helium concentrations up to 3.14% in larger than expected gas columns in the Lyons formation at its exploration site located in Las Animas County, Colorado.
Blue Start Helium is fast-tracking plans Voyager prospect in Las Animas County, Colorado, following the ‘breakthrough’ success of its exploratory water well returning a 134ft gas column in the Lyons formation with a calculated air-free helium concentration of 8.8%.
Fabrication has begun on the ‘world’s first’ solar-powered helium processing facility.
The Canadian province of Saskatchewan was at the heart of more positive news for the helium market on Tuesday (3rd May), with Avanti Energy having been granted three helium exploration permits for its exploration activities.