'The power has shifted': The helium industry is on the verge of change - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 50%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The helium industry is still a niche market with no public spot price for the product. As more prospectors enter the growing space, they’re finding out that it’s a bit of a black market.

The gas is needed not just for children’s balloons, MRIs and the space industry, but now the fast-growing semi-conductor chip sector is taking the largest chunk out of global supply.

The land is adjacent to a discovery by North American Helium, a private company that has $3.5 million equity investment into Helium Evolution. The two are partnering on drilling two wells by the end of this year, with the option to drill more. The lack of industry transparency means that Helium Evolution says it doesn’t actually know how much the product they find will be worth.

For years, companies in the middle, those who buy from producers, process and then sell it to end users, have dominated the helium industry. “And to take that risk, you know, we want to get some of that upside,” said Rodd. “We’re not against the midstreamers making margin, but if we’re selling it at the well head for $450 and they’re selling it for $1,500, we’d like to find a way to capture some of that,” Robb said.

Herchen notes that like other resources, helium pricing is based on factors such as how pure the product is and its processing costs.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 83. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Alberta carbon market woos speculators as asset manager piles in - BNN BloombergA carbon market in oil-rich Alberta is getting an injection of speculative money from an asset manager jockeying to become a top investor on a platform dominated by energy firms. If it possible to purchases carbon credits to bank for future use? If the CC is $50 now and rising to $170 in 7 yrs. Is there an open market for CC. Invest exaggerated earnings now. if this is the new game with the Feds, might as well make it work in your advantage
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »

Qualcomm gives downbeat forecast as phone market deteriorates - BNN BloombergQualcomm, the biggest maker of smartphone processors, tumbled in late trading after giving a far weaker forecast than expected, punished by the economic slowdown and Covid-19 lockdowns in China.
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »