Alongside the oil and gas stranded in the strait of Hormuz is another commodity vital to today’s economy: helium. It is a critical element in all kinds of areas from MRI machines to the Large Hadron ...
Helium prices have skyrocketed since the start of the Iran war. Qatar, which supplies a third of the world's helium, has had production disrupted. Helium is a critical input for industries like ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The war in Iran has helped drive a global energy shock, sending oil and ...
Analysts warn that the supply disruption is expected to trigger ripple effects across the global economy for some time. Pradeep Philip, head of Deloitte Access Economics, said that while there had ...
The GlobalFoundries Fab 8 campus in Malta. Like other chipmakers, GlobalFoundries uses helium to make computer chips. Helium supplies are constrained after the world's largest helium factory in Qatar ...
A private company that pulls helium gas from deep below the earth’s surface in Saskatchewan wants federal government financial support to build Canada’s first liquefaction facility.
Exxon Mobil (XOM) operates the Shute Creek Gas Plant in Wyoming, supplying roughly 20% of global helium (1.4 billion cubic feet annually) with 80 years of reserves remaining. The company trades at a 2 ...
The first shipment from Trent Spry’s helium well in Colorado was being loaded onto a truck when Iran’s attack on the world’s biggest liquefied natural gas plant changed everything. Damage to Qatar’s ...
Chip makers have a big problem they can’t manufacture their way out of. When Iran struck Qatar’s largest liquefied natural gas facility last week, it damaged helium production lines that could take ...
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The war in Iran is threatening supplies of a favourite party accessory: helium. “One of the biggest suppliers in the world … they’re not selling balloon-grade helium because they can’t get it,” said ...
Helium isn’t something most people think about, unless you’re in a lab, running an MRI, building chips, or inhaling it for that squeaky balloon voice. But what if the world suddenly runs out of this ...
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