Avanti Helium Calls for U.S. Helium Designation as Critical Mineral Amid Supply Concerns
Avanti Helium Corp. urges the U.S. government to designate helium as a Critical Mineral, citing geopolitical risks to supply and a declining domestic production from 82 million m³ in 2020 to 68 million m³ in 2024. The company's Sweetgrass Helium Project in Montana is set to begin production in 2026 to secure domestic supply. Concurrently, U.S. Ambassador to India Sergio Gor emphasizes the U.S.-India partnership in technology, particularly in artificial intelligence and semiconductors, under the emerging 'Pax Silica' framework.
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Avanti Helium Corp. has reiterated its request for the U.S. government to classify helium as a Critical Mineral due to increasing geopolitical risks impacting global helium supply. U.S. helium production has decreased from 82 million m³ in 2020 to 68 million m³ in 2024, while demand is rising.
The Sweetgrass Helium Project in Montana is set to begin production in 2026. In a related context, U.S. Ambassador Sergio Gor highlighted the U.S.-India partnership at the India Today Conclave 2026, focusing on technological cooperation in AI and semiconductors as part of the 'Pax Silica' initiative.
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