The dire state of Australia's manufacturing sector and its heavy reliance on overseas suppliers is exemplified by the impending closure of the country's only helium production plant. As helium is used in various critical industries its scarcity will have significant implications. This shortage underscores the broader issues facing Australia, such as the closure of brickworks, loss of dairy facilities, carbon dioxide scarcity, and reliance on imported goods like paper, steel, cement, and refined fuel products. The failure to process minerals domestically, coupled with rising energy costs and the prioritization of political agendas over economic concerns, has contributed to the country's manufacturing decline. Urgent action is needed to address these challenges before it is too late. We have been tracking Australian exports of helium, which have considerably dried up in the last 6 months. Although there is helium exploration in the Amadeus basin, FID will still take a few years if successful.
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See AllThe US Government recently tendered contracts for helium supply to the National Weather Service offices in Salt Lake City, Utah, and Las Vegas, Nevada, highlighting notable premium prices in these tra
Global Helium reported successful production testing of its 10-08 exploratory well in Southeast Alberta, yielding ~4.1mmcf/d of raw gas with helium concentrations between 0.6% and 0.68% after addressi
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