Noble Helium Ltd (ASX:NHE) executive chairman Dennis Donald joined Proactive's Stephen Gunnion to discuss the company’s upcoming North Rukwa exploration drilling programme in Tanzania and the growing supply pressures reshaping the global helium market.
Donald said disruptions linked to Russia and Qatar could put up to 40% of global helium supply at risk, creating a major opportunity for new long-term producers.
The discussion focused on Noble Helium’s certified 225BCF resource in the Rukwa Basin and increasing interest from major industrial users seeking a secure supply. Donald also outlined plans for drilling at Kinambo, scheduled to begin in early July following extensive geological and technical preparation.
“This is probably the best prepared well I’ve ever drilled in my life,” Donald said.
The interview also explored helium’s rising strategic importance across AI, medical technology, nuclear fusion and space industries.
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