gasworld can exclusively reveal that fledgling Australian helium prospector Noble Helium, the world’s first global pure-play helium exploration and production company, has launched an international search for new deposits of the precious element.
Zeroing in on the East African Rift Valley in Tanzania for its initial major probe, Noble Helium has secured first rights to 6,115 square kilometers of mineral exploration rights in the country, through its 100%-owned Tanzanian subsidiary.
Walter Jennings, Chairman of Noble Helium, Walter Jennings, toldgasworld that the company’s development strategy in Tanzania is aimed at commercial reality by 2024 and represented the biggest investment opportunity in 100 years of helium exploration.
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