North American Helium (NAH) inaugurated its 9th helium purification facility at Antelope Lake, Saskatchewan, expanding total helium production capacity to 210mmcf/y. This milestone coincides with NAH reaching US$0.5bn of investment into Saskatchewan, supported by new critical mineral incentives by the government. The Antelope Lake facility has a capacity of 50mmcf/y of helium and supports NAH's goal towards achieving 20% of North America's helium supply. Through public records, we estimate that NAH has >25 helium development wells producing an annualised 150mmcf/y based on June data. The company has also partnered with Helium Evolution and Global Helium to explore helium in Saskatchewan.
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