Is Earth's Helium Running Out? - Total Helium (2024)

Yes, the Earth is running out of helium because it is a nonrenewable resource. This is how Total Helium brings value to its investors and other stakeholders, by performing the important work of helium exploration and storage.

Helium is the second most abundant element in the universe, with hydrogen being the first. If that is the case, then why is helium so expensive? Why do companies need to actively engage in helium exploration if its supply is so plentiful? Why is there a shortage of helium in the market? Why are people investing in helium exploration companies?

The answer is that the Earth is running out of helium. In fact, helium is the only element on the periodic table that is considered a nonrenewable resource on Earth. According to NPR News, “helium is generated deep underground through the natural radioactive decay of elements such as uranium and thorium. ‘It takes many, many millennia to make the helium that’s here on the Earth,’ says Sophia Hayes, a chemist at Washington University in St. Louis. The helium seeps up through the Earth’s crust and gets trapped in pockets of natural gas, where it can be extracted.”1

What’s more, helium is so much lighter than air that it actually escapes the Earth’s atmosphere once it is released from those underground natural gas pockets unless it is stored properly. In other words, the helium that was inside every balloon that you have ever popped in your life is now floating around in space somewhere, never to be used again.

When you consider the facts that all of the helium that humans can currently use already exists and is trapped underground and that, unless that helium is recycled after it’s used it is lost into space forever, it becomes clear why Total Helium is heavily invested in the business of helium exploration and storage.

Total Helium (TSXV:TOH) is a publicly traded helium exploration, production and storage solutions company focused on bringing a reliable domestic supply of helium to the US market. The company’s footprint includes the largest continuous conventional natural gas and helium field in North America. In addition to helium production, Total Helium is also establishing an underground helium storage facility with its industrial gas partner to ensure that the United States has a stable supply of helium at all times.

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Categories: Resources

Is Earth's Helium Running Out? - Total Helium (2024)

FAQs

Is Earth's Helium Running Out? - Total Helium? ›

Once helium is released in the atmosphere, it will continue rising until it escapes into space, making it the only truly unrecoverable element. Helium in recoverable quantities is found in only a few locations around the world, and these sources are being rapidly depleted.

Is all of Earth's helium running out? ›

As helium is a non-renewable resource, the Earth is certainly running out of it. Why is the world running out of helium? Helium is the only element on the periodic table which is a non-renewable resource on Earth.

How much helium is left on Earth? ›

Helium resources of the world, exclusive of the United States, were estimated to be about 31.3 billion cubic meters (1.13 trillion cubic feet).

How many years of helium do we have left? ›

Scientists estimate that, at the current rate of global consumption, there is a supply of helium for 100-200 more years.

Is helium on Earth limited? ›

Helium is a non-renewable resource found in recoverable quantities in only a few locations around the world, many of which are being depleted.

Can Earth get more helium? ›

Helium is the only element on the planet that is a completely nonrenewable resource. On Earth, helium is generated deep underground through the natural radioactive decay of elements such as uranium and thorium.

Can we make more helium? ›

“In our lifetime it might not run out, but for humanity it has a finite supply. We can't make any more.” Helium is the second-most-abundant element in the universe, but on Earth it's relatively rare.

Is there a helium shortage in the US? ›

Unprecedented helium shortages

Helium markets have experienced a series of extended periods of short supply since 2006. In fact, 2022 was the eighth year of supply deficits during the 17-year period between 2006-2022.

Is there a helium crisis? ›

The global helium shortage has become a growing concern in recent years as the world's supply of this important gas has dwindled. A rare and valuable resource, helium is used in a variety of industries, including healthcare, electronics, and aerospace.

Why are we wasting helium? ›

Do we waste helium? This really depends on what one means by 'wasting', but in a simple sense, yes… nearly all the helium we use is done in a one-time fashion that is then released to the atmosphere. Balloons are obvious, but use of helium in MRIs and superconducting magnets also allows for the escape of the helium.

Who owns most of the helium? ›

As of 2022, the reserves of helium in the United States amounted to more than 8.5 billion cubic meters, making it the country with the largest reserves of helium globally.

What is causing helium shortage? ›

This nonrenewable element is found deep within the Earth's crust and is in short supply, according to NBC reports. The global helium shortage is due mainly to decreased supply from major producers, including Russia which has curtailed production since the war in Ukraine, according to The Harvard Crimson.

What will replace helium? ›

Argon can be used instead of Helium and is favoured for some metals. Helium is used for many lighter-than-air applications, and Hydrogen is a possible substitute for many where the flammability of Hydrogen is not a concern.

What planet has the most helium? ›

The most abundant planetary constituents in the universe are hydrogen and helium. In our own solar system, it is estimated that >70% of the planetary mass is of this form, with most of it residing in Jupiter and most of it in a metallic state.

What can we do to save helium? ›

Limit wasteful use of helium, and recycle that which we do use. For cryogenic applications, this means installing a closed re-circulation system to re-compress helium which comes out of the exhaust of a cryogenic system.

Why is there no helium 3 on Earth? ›

The problem is that helium-3 is extremely scarce on Earth. This isotope comes mostly from the solar wind, but the Earth is protected under the shield of its atmosphere and its magnetic field.

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