Helium was discovered at the beginning of the last century, and the US government immediately placed production and supply under strict control.
Then, in the 1960s, the Cold War rendered helium even more valuable. It was collected and stored in the US federal helium reserve in Amarillo, Texas. It was only in the late 1990s that the government allowed helium from the reserve to be sold to private entities. Now, the reserve is nearly depleted and will shut down entirely in September.
Helium One Global Ltd (LON:HE1) was founded in September 2015. The Company’s focus is to explore, develop, and ultimately, become a producer of high-grade helium for the international market, a critical material essential in modern technologies.