Noble Helium (ASX: NHE) has four key projects located in Tanzania covering a total of 5,464km2 of premium helium acreage. Noble’s aim is to diversify the helium supply chain and insulate it from the disruption and market manipulation risk that will emerge in the sourcing of this critical raw material.
Tanzania is emerging as a premium helium jurisdiction with the Rukwa Basin alone having the potential to be the world’s third largest helium reserve.
Noble is progressing exploration across its projects in Tanzania, which contain an independently certified, summed unrisked mean Prospective Helium Resource of 176 billion cubic feet (equivalent to approximately 30 years’ supply).