News

Noble’s Managing Director and Chief Executive Officer, Mr Shaun Scott, will be joined by Non-executive Chairman, Prof. Andrew Garnett, to discuss the recently announced additional potential shallow gas targets and the upgraded Hydrogen potential at its North Rukwa Project, Tanzania. Watch the webinar here.

Gasworld Gasworld discusses the recently announced EU sanctions banning the import of Russian helium, effective September 26, 2024. The sanctions underscore the fragility of the helium supply chain and the urgent need for diversified sources. Noble’s Mbelele Prospect has the potential to tick all the boxes for successful commercialisation and be part of the solution to securing the world’s helium future. While the full impact of the sanctions is still unclear, with Russia accounting for approximately 12-13% of the global helium supply, the EU’s sanctions have the potential to create a supply gap that will require a diversified solution.

Noble Helium Noble’s Managing Director and Chief Executive Officer, Mr Shaun Scott, was joined by Non-executive Chairman, Prof. Andrew Garnett, in providing an operational update on the upcoming appraisal drilling campaign at its Mbelele prospect, as well as an overview of the deeper targets at its North Rukwa Project, Tanzania. Watch the webinar here.

Innovation News Network The Innovation News Network recently covered the history of Helium. Learn more about the gas we are exploring for in Tanzania. Helium, first discovered on the Sun in 1868 and later on Earth in 1882, is a critical element with unique properties. It boasts the lowest boiling point of any element and high thermal conductivity, making it invaluable in numerous high-tech and medical applications such as MRI machines, aerospace technology, and semiconductor manufacturing. Helium is predominantly extracted from natural gas reserves, with major sources in the United States, particularly in Texas, Oklahoma, Kansas, and Wyoming. However, helium is a finite resource, requiring sustainable and innovative extraction methods to ensure a stable future supply. By focusing on the North Rukwa Basin in Tanzania, Noble aims to develop a major new source of this critical resource.

FMI Blog The helium gas market is projected to grow significantly, driven by increased demand from the electronics and semiconductor industries. According to Future Market Insights, the market is expected to reach USD 46.8 billion by 2034, up from USD 30.4 billion in 2024, with a steady CAGR of 4.4%. Key applications driving this growth include medical imaging, semiconductor manufacturing, and aerospace. In semiconductors, helium is used for cooling and maintaining controlled environments essential for production. The aerospace industry also relies on helium for rocket propulsion and aircraft maintenance, while the entertainment and diving sectors use it for balloons and deep-sea diving, respectively. Our Mbelele Prospect in Tanzania has the potential to supply the growing global demand. Our helium will contribute to stabilising the global helium supply chain and supporting advancements in technology and healthcare.

The Pick Magazine Noble Helium Managing Director and CEO Shaun Scott sat down with The Pick Magazine during the 2024 RIU Sydney Resources Round-up Conference to discuss Noble and the helium market. Mr Scott details the importance of helium and the outlook of the market before he dives into Tanzania and how our projects are progressing. Watch the full interview here.

Resources Roadhouse Wally Graham of The Resources Roadhouse learns a great deal about helium geology and its practical uses from our managing director & CEO Shaun Scott at the 2024 RIU Sydney Resources Round-up Conference. Watch the full interview here.

Future Money Future Money highlights the critical importance of helium in high-tech industries and the fragile nature of its supply chain. As the demand for helium rises, driven by advancements in semiconductor manufacturing and medical technologies, the global supply is increasingly concentrated among a few countries, notably the US, Qatar, and Algeria. This concentration makes the market susceptible to price volatility and supply disruptions. The article emphasises the importance of finding new helium sources to meet the growing demand and stabilise the market. Additionally, it highlights the environmental benefits of “green” helium extraction methods. Noble is strategically positioned to address these challenges through our projects in Tanzania where we are exploring for green helium. Our projects will help mitigate global supply chain risks and stabilise helium availability.

Gasworld Gasworld reports on our successful completion of drilling at the Mbelele-2 well in Tanzania’s North Rukwa Basin. This milestone was significant as it marks a crucial step in the exploration and appraisal program. The drilling encountered strong helium shows, indicating the potential for commercial helium production. The Mbelele-2 well is part of Noble Helium’s broader strategy to explore and develop Tanzania’s helium resources, which are considered some of the best undeveloped helium prospects globally. The article emphasises that the successful drilling results bolster confidence in the region’s helium potential and pave the way for further exploration and development activities. This development is crucial given the global helium supply challenges and the increasing demand for helium in various high-tech and medical applications. The successful drilling at Mbelele-2 positions the company to play a significant role in meeting the world’s growing helium demand through sustainable and reliable sources.