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Helium Supply Risk USGS Comment: Avanti Helium

Avanti Helium offers an opinion on the risk of helium supply disruption. He notes that conventional natural gas fields have finite lifecycles and that shale exploration has limited the discovery of new sources of helium. The CEO explains that the recent Federal Helium Facility shutdown and trade disruptions stemming from the invasion of Ukraine have resulted in higher price signals and encouraged companies to pursue dedicated helium exploration programs. He expresses concern that if Russian supplies return to the market, they could severely impact the domestic exploration sector and put critical industries at risk of relying on countries like Russia or Qatar. He encourages the implementation of policies that recognize helium as a critical input and consider the international dynamic when weakening exploration and development efforts.

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