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US Strategic Helium Reserve Invitation for Bid Launched

The sale process for the US Government Federal Helium Reserve has been officially launched...a unique opportunity to purchase 1.8 bcf of helium (US$1.4bn worth of helium assuming a $750/mcf helium price). This is a hugely significant and strategic asset that currently supplies >10% of global helium demand. Storage is crucially important in any commodity market but especially so for helium, with a dearth of global storage facilities, it is impossible to substitute in many applications and there has been virtually no helium supply growth in the last decade. Bids are due November 13, 2023; 11:00 A.M. Central.

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Noble Helium's CFO Announces Retirement

Noble Helium's CFO, Graham Yerbury, announced his retirement set for end Jun'24. In the short term the company will not look to replace Mr Yerbury, as existing internal accounting and finance resource

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