The Bureau of Land Management (BLM) has transferred $60m generated from the sale and auction of crude helium from the Federal Helium Reserve to the US Treasury.
The BLM’s crude helium plant supplies approximately 27% of the US helium demand, and approximately 16% of the world’s helium demand.
The Federal Helium Reserve – a resource owned by the American people and managed by the BLM’s Amarillo Field Office – is the nation’s leading producer of crude helium for both the public and private sectors.
Crude helium is an important resource for technology development and other important uses related to national defence, energy, medicine, industry and space exploration.
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