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.
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.