What is Helium?
Helium is a chemical element and a colorless, odorless, tasteless, inert gas. It has the smallest atomic radius of any element and the second-lowest atomic weight. It is lighter than air.
Most people know that helium is used as a lifting gas in blimps and party balloons, but they can’t name another way in which helium is used. In its most important use, liquid helium (a super-cold liquid at -269 degrees Celsius or -452 degrees Fahrenheit) is used to cool MRI (magnetic resonance imaging) machines used in medical facilities.
Helium One Global Ltd (LON:HE1) 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. The company holds 4,512km2 of exploration licences in highly prospective helium provinces in Tanzania. The Company holds 100% of these licences and has exclusive rights to develop the assets.