Unfortunately, a familiar property of helium prevents this from happening. Helium gas is lighter than air and literally rises into space, depleting the Earth of almost all valuable helium resources over time.
WHERE DO WE GET HELIUM?
So how do we actually obtain new helium gas, which is necessary for important technological applications such as MRI machines, superconductors, and even the Large Hadron Collider?
Today’s infographic from Helium One shows everything you need to know on helium, including where we can find it on Earth, as well as the most important uses of the gas.
Although helium is plentiful in the universe, on Earth it is quite rare and difficult to obtain.
WHY DO WE NEED HELIUM?
Helium has several properties that make it invaluable to modern humans, particularly for technological uses:
|Inert||Doesn’t react with other elements, and doesn’t explode like hydrogen|
|Non-toxic||Can be used by humans in a variety of applications|
|Lighter than air||Ability to lift and/or float|
|Melting point -272˚C||Liquid at ultra-cool temps enables superconductivity|
|Small molecular size||Can be used to find the smallest of leaks|
Helium demand has risen consistently since 2009, and the market has been increasing at a CAGR of 10.1% since 2010. With that in mind, here are the specific constituents of helium demand today:
|Helium Use||Global Share||Description|
|Cryogenics||23%||Superconductors use ultracooled helium liquid.|
|Lifting||15%||Used in airships and balloons|
|Electronics||14%||Used to manufacture silicon wafers|
|Optical Fiber||11%||Necessary to make optical fiber cables|
|Welding||9%||Used as a shielding gas for welding|
|Leak Detection||6%||Helium particles are small, and can find the tiniest leaks|
|Analytics||6%||Used in chromatography and other applications|
|Pressure & Purging||5%||Used in rocket systems|
|Diving||3%||Mixed into commercial diving tanks for various reasons|
|Other||8%||Helium’s diverse properties give it many other minor uses|
Helium’s melting point, which is the lowest found in nature, allows it to remain as a liquid at the coolest possible temperature. This makes helium ideal for uses in superconductors, including MRI machines – one of the fastest growing components of helium demand.
But where do we obtain this elusive gas?
It turns out that new helium is actually created every day in very tiny amounts within the Earth’s crust as a by-product of radioactive decay. And like other gases below the Earth’s surface (i.e. natural gas), helium gets trapped in geological formations in economical amounts.
Today, much of helium is either produced as a by-product of natural gas deposits, or from helium-primary gas deposits with concentrations up to 7% He.
Here’s helium production by country:
|Country||2016 production (in billion cubic feet)||Share|
|USA (from Cliffside Field)||0.8||14%|
USA (from Cliffside Field)
The USA government has a helium stockpile at the Cliffside Field in Texas, developed as part of a WWI initiative. It is in the process of being phased out, and by as late as 2021 it will no longer contribute to supply.
In December 2013, the Qatar Helium 2 project was opened. This new facility combined with the first helium project makes the country the 2nd largest source of helium globally.
Russia is looking to become a player in helium as well. Gazprom’s Amur LNG project will be one of the biggest gas facilities in the world, and it will include a helium processing plant. This won’t be online until 2024, though.
Though not a helium player yet, scientists have recently uncovered a major helium find in the Rift Valley of Tanzania which contains an estimated 99 billion cubic feet of gas.
THE FUTURE OF THE HELIUM MARKET?
Because of inflated demand, especially for cryogenics in MRI machines, helium prices have risen significantly over the years.
And with these market dynamics in mind, it’s clear that the future of helium is not full of hot air.
Via: Visual Capitalist