Qatar out, helium up, bidding war to start.4 Mar 2026 05:14
My AI tells me Qatar supplies 30% of the worlds helium. Spot price for helium are up 50% and rising, making US assets a lot more valuable. Only a matter of time a bidding war starts for Rukwa, to secure future supplies, China versus the West, even if Qatari supplies resume (months away), potential bidders will want secure future supplies. This puts $100m to develop Rukwa look like peanuts, for the 3rd largest deposit in the world of helium.