All Articles
Mining

A New Major Helium Gas Discovery In The United States

March 4, 2024
x min read
A New Major Helium Gas Discovery In The United States

The United States might have found their next big discovery of helium gas. And it belongs to a Canadian publicly traded company.

What’s happening:

  • Pulsar Helium (TSXV: PLSR) has announced a new major discovery of helium gas at their Topaz helium project in Minnesota
  • The new discovery is considered to be one of the most significant recent successes in exploration for helium in the United States

Why it matters:

  • There has been a growing concern that the United States had either depleted the vast majority of their helium producing properties or sold them to foreign companies
  • Helium gas is a critical input for healthcare technology such as MRI machines and even for emerging aerospace companies that require helium for rocket launches into orbit

By the numbers:

  • Pulsar Helium found concentrations of 12.4% helium at their Topaz property, as measured by their on site spectrometer

Market reaction:

  • Shares of Pulsar Helium are up more than +200% since the announcement of their discovery

Going deeper:

The intrigue:

  • Helium is also used for manufacturing chips and semiconductors by helping prevent various chemical reactions

Discover the world's most disruptive early stage companies with 35,000+ investors.

The markets and trends that matter, made simple.

Join top talent at the world's most respected institutions, companies, and venture capital funds.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.