Latest Helium News

Central Petroleum lifted March quarter sales revenue to $11.3 million, driven by higher gas volumes and prices, while securing a significant multi-year gas supply deal with the Northern Territory Government that supports a 40% production capacity increase at Palm Valley.

Noble Helium has secured $12 million in a two-tranche placement to advance its North Rukwa helium project in Tanzania, positioning itself as a key player amid a global helium supply disruption caused by Middle East conflicts.

Greenvale Energy has sharpened its uranium exploration focus with new step-out targets at Oasis and secured a critical exploration licence at Douglas River, while pushing its Alpha Project into product development.

Macallum New Energy has successfully listed on the ASX and raised A$7.4 million to fund exploration in the Northern Perth Basin. The company is progressing a 66% complete Barberton 3D seismic survey and preparing a Condor 2D survey, positioning itself amid renewed regional drilling activity.

Compumedics maintains robust sales momentum but faces FY26 revenue timing challenges due to MEG installation delays and a cautious Somfit D rollout. The company expects solid year-on-year growth and positions for improved execution in FY27.

Metal Powder Works has independently confirmed its DirectPowder™ CP Titanium Grade 2 feedstock meets stringent ASTM B384 structural standards via Laser Powder Bed Fusion, reinforcing its position in aerospace additive manufacturing.

Grand Gulf Energy is intensifying technical evaluations and exploration activities at its Red Helium Project in Utah following a sharp rise in global helium prices triggered by geopolitical disruptions affecting Qatar's helium exports.

Noble Helium has raised $12 million through a strongly supported institutional placement to fund its North Rukwa helium exploration in Tanzania, responding to tightening global helium supplies.

Blue Star Helium has successfully raised A$10 million through an oversubscribed placement, positioning itself to accelerate production at its Galactica and Pegasus helium projects.

Blue Star Helium has completed Stage 1 of its Galactica Project, tying six wells into the Pinon Canyon facility and initiating spot-priced helium sales as it moves toward continuous operations and long-term contracts.

H3 Energy Limited is launching a detailed assessment of helium and hydrogen potential at its Milford and Milford East structures, aiming to unlock high-value gas resources in the underexplored Officer Basin.

D3 Energy has raised $6.12 million through a strongly supported placement at a significant premium to its IPO price, aiming to accelerate exploration and development of its helium assets amid tightening global supply.