Noble Helium Ltd.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Dennis Donald
- Full Time Employees
- - -
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- London House Perth WA Australia 6000
- IPO Date
- Apr 8, 2022
- Website
- noblehelium.com.au
- Similar Companies
- Business
- Noble Helium Limited is an Australian helium exploration company primarily engaged in the identification, exploration, and development of helium assets in the United Republic of Tanzania. The company focuses on advancing its flagship North Rukwa Helium Project located in Tanzania's Rukwa Basin, along with additional prospecting licenses in the North Nyasa and Eyasi basins, and applications in the Manyara basins. Noble Helium specializes in the exploration of helium, a critical industrial gas essential for high-technology applications such as semiconductors, MRI systems, aerospace, fiber optic cables, specialist welding, nuclear fusion, and quantum computing. The company aims to provide a primary, carbon-free, and geopolitically independent supply of helium to meet growing global demand and supply chain fragility in this scarce resource. Noble Helium's products and services center on the exploration and development of helium gas resources, positioning the company to supply helium for various industries including semiconductor manufacturing, medical imaging, aerospace, and emerging technologies. The company emphasizes environmentally sustainable and high ESG standard operations in its project developments. Recent major company developments include drilling campaigns at the North Rukwa project, notably the spudding and preliminary success at the Mbelele-1 well as part of ongoing exploration efforts in 2023 and 2024. The company executed a favorable amendment to its December 2024 convertible note agreement, supporting its financial position. It has responded strategically to global helium supply challenges such as the EU sanctions on Russian helium imports effective September 2024, which are expected to increase demand for diversified helium sources like those Noble Helium is developing. Noble Helium also continues to expand its exploration scope with additional shallow gas and hydrogen potential identified at its Tanzanian projects, which may enhance future resource prospects. Founded in 2016, Noble Helium is headquartered in Perth, Western Australia, and operates solely within the mineral exploration segment focused on helium in Tanzania. The company maintains a clear strategic focus on addressing the supply-demand imbalance for helium globally by developing new, reliable sources of this critical gas. This comprehensive positioning and recent advancements underscore Noble Helium Limited as a significant emerging player in the global helium exploration and supply sector.
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Noble Helium advances toward August spud at North Rukwa - ICYMI
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Why Noble Helium sees major helium upside in Tanzania - ICYMI
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Noble Helium prepares North Rukwa drilling as global supply pressures build
Iran's blockade of the Strait of Hormuz has wiped out a third of global helium supply, and the scramble for secure alternatives has begun