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Total Helium Ltd V.TOH

Alternate Symbol(s):  TTLHF | V.TOH.WT | V.TOH.WT.A

Total Helium Ltd. is a Canada-based company. The Company’s principal business activity is helium exploration, production and storage solutions. The Company’s main footprint includes helium-producing assets in the prolific Holbrook Basin of Arizona, where its wells produce 5-8% helium concentrations. The Company has a 50% venture interest in the Pinta South Helium Project in Arizona. The Company holds an interest in existing helium production as well as a working interest in a large-scale helium exploration and production program in the Holbrook Basin (the Pinta South Project). It owns a 20% interest in two producing wells and a 50% interest in eight additional existing wells. It supplies American high-tech industries with high-grade green helium. Its subsidiaries include 1313119 B.C. Ltd., 1319454 B.C. Ltd., and Brooks Range Corporation.


TSXV:TOH - Post by User

Post by 1StockInformeron Jul 07, 2023 10:25pm
184 Views
Post# 35531872

TOH.v Boosts U.S. Helium Supply

TOH.v Boosts U.S. Helium Supply

The importance of accessing domestically sourced helium was highlighted by recent shortages and disruptions in the global supply chain. Russia and Qatar, two major helium exporters, have faced sanctions and production disruptions, leading to an unreliable supply. 


The United States needs a stable supply of helium for various industrial sectors, including semiconductor manufacturing, welding, rockets, national defense applications, and medical devices.


As explained in the article below, Total Helium Ltd. (TSXV: TOH OTCQB:TTLHF) is helping North America establish helium independence by providing a domestic supply of helium with its  Pinta South helium field.


https://www.accesswire.com/766151/The-Russia-Ukraine-War-Highlighted-The-Need-For-The-US-To-Strengthen-Domestic-Supply-Of-Resources-Total-Helium-Is-Doing-Its-Bit-To-Help


In the past, the U.S. government maintained domestic helium supplies but sold off its reserves, leading to a decline in its global production share. Total Helium aims to bring stability to the domestic helium supply by developing the Pinta South helium field in Arizona's Holbrook Basin. 

User image


The field has the potential to expand operations to over 300 wells, with high concentrations of helium and a straightforward and affordable extraction process. 


Total Helium has a partnership with Linde PLC, a major industrial gas and chemicals manufacturing company, to purchase helium from the field. The company can also sell helium on the open market at current prices ranging from $500 to $1,000 per cubic foot.


To learn more about Total Helium at its Pinta South field click here: https://www.totalhelium.com/operations-projects/arizona/  Posted on behalf of Total Helium Ltd.

 
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