Tanzania moves closer to global helium production

TANZANIA is moving closer to becoming a global helium producer following Helium One Global’s submission of a comprehensive Mining Licence (ML) application for its helium project in southern Rukwa.

The move is significant step marks progress in unlocking the region’s helium potential by the primary helium explorer in the country.

The ML application is supported by a comprehensive feasibility study, which includes detailed subsurface modelling and a robust commercial development plan.

The Helium One Global, Chief Executive Office, Ms Lorna Blaisse said the achievement was yet another major milestone in the company’s history.

“The last 12 months have been incredibly significant for Helium One, marked by a successful helium discovery from the Itumbula West-1 well, a successful well test and the completion of a detailed feasibility study.

“We look forward to progressing the project in Tanzania towards production and exploring further opportunities both in-country and elsewhere,” she said yesterday through a release.

The project encompasses key areas including Itumbula, Tai and the southern prospective areas, and is aimed at a commercial development.

Additionally, an Environmental and Social Impact Assessment study conducted by MTL Consulting has been completed and is currently awaiting approval from the National Environment Management Council (NEMC).

She added that the company is eager to establish a partnership with Tanzania upon granting of the ML, which is critical for developing a flagship helium sector in the country.

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“The feasibility study, based on extensive data integration by subsurface teams, assesses the viability of a helium development project in southern Rukwa, and integrates the results from the Itumbula West-1 discovery well and subsequent extended well test.” she said.

The application was submitted to the Ministry of Minerals and Mining Commission and includes a detailed feasibility study covering subsurface modelling and a commercial development plan.

According to a statement issued by the Company, its drilling rig, Epiroc 220, remains hot stacked in the southern Rukwa and remains operationally ready.

Also, the company reported the expiration of 888 square kilometres of prospecting licences (PLs) that are either non-prospective or difficult to access.

This will result in an annual cost saving of 177,600 US dollars in license fees.

Helium One continues to retain 286 square kilometres of licences in the Eyasi Rift Basin, which remain under review for helium potential.

Helium One Global’s efforts reflect its commitment to establishing a robust helium sector in Tanzania, with significant implications for the local economy and beyond.

Meanwhile, Helium One is advancing its partnership with Blue Star Helium, aiming to complete an acquisition that will secure a 50 per cent stake in the Galactica-Pegasus project in Colorado, US.

Once finalised, the company will commence its Q4 drilling campaign on the Galactica Pegasus development.