You’ve likely heard buzz about critical minerals, but have you heard the term critical element? They’re essential for things we use every day like hard drives, treatments for respiratory illnesses, and leak detection. Many countries have vocalized their need for these critical minerals and elements, especially how vital they are to their future economic stability and development. One specific element being highlighted right now: helium. Why this specific element? We’ll break down its benefits and importance. First, what makes a mineral or an element ‘critical’?
According to the American Geosciences Institute: “Critical minerals are mineral resources that are essential to the economy and whose supply may be disrupted. The ‘criticality’ of a mineral changes with time as supply and society’s needs shift.”
What’s the significance of helium?
Helium is the second-most common element in the universe after hydrogen and is used primarily as a coolant for semi- and superconductors and high-pressure systems.
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.