Noble Helium
Noble Helium is a pre-revenue Australian helium exploration company (ASX: NHE) operating four projects across Tanzania's East African Rift System, targeting primary helium from non-carbon nitrogen-dominated reservoirs for global semiconductor, MRI, aerospace, and fibre optic markets.
- Company typePublic
- Founded-
- HeadquartersPerth, Australia
- Headcount1–10
- GTM typeB2B
- OfferingServices
Noble Helium firmographics
Firmographics- Name
- Noble Helium
- Legal name
- Noble Helium Limited
- Website
- https://noblehelium.com.au
- Company type
- Public
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Noble Helium is a pre-revenue Australian helium exploration company (ASX: NHE) operating four projects across Tanzania's East African Rift System, targeting primary helium from non-carbon nitrogen-dominated reservoirs for global semiconductor, MRI, aerospace, and fibre optic markets.
- Ownership category
- akta.pro rank
Noble Helium industry classification
Industry- Product category
- Helium Exploration and Production
- NAICS
- Industrial Gas Manufacturing (32512), Industrial Gas Manufacturing (325120), Natural Gas Extraction (211130)
- SIC
- Crude Petroleum & Natural Gas (1311), Oil & Gas Field Exploration Services (1382)
- akta.pro primary industry
- Helium & Rare Gases (Neon/Krypton/Xenon) (IMAEACAD)
- akta.pro secondary industries
- Electronics & Semiconductor High-Purity Gases (IMAEACAG), Electronic Specialty Gases (UHP gases for fabs) (IMAEAKAI)
Keywords
Where Noble Helium is headquartered
LocationHeadquarters
- HQ city
- Perth
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
Noble Helium business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Personnel, Marketing or Sales, Others
Revenue model
- Helium Production and Sales: Pre-revenue exploration company targeting helium production from Tanzania. Revenue will be generated through long-term supply agreements with global industrial helium consumers. The company has not yet commenced commercial production. Helium commands prices up to 50 times LNG in liquid form, making it a high-value commodity.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Noble Helium product offering
Product offeringCore offering
Noble Helium is a pre-revenue helium exploration and production company focused on discovering and developing primary helium resources in Tanzania's East African Rift System. The company explores for helium in non-carbon (nitrogen-dominated) environments at substantially higher concentrations (3-12%) than traditional hydrocarbon by-product sources (0.3-0.5%), with the goal of producing and selling green helium to global industrial gas buyers.
Product overview
Noble Helium is a helium exploration and production company operating across four project areas in Tanzania (North Rukwa, North Nyasa, Eyasi, and Manyara). The company's primary product is Green Helium—helium sourced from non-carbon environments (nitrogen-dominant carrier gas) at concentrations of 3-12%, compared to traditional 0.3-0.5% from hydrocarbon by-products. The flagship North Rukwa Project holds independently certified prospective helium resources of 176BCF. The company is advancing toward production with drilling campaigns at the Kinambo and Mbelele prospects, targeting commercialization of Tanzania's significant helium resources to serve global semiconductor, MRI, aerospace, and fiber optic industries.
Differentiator
Problem solved
Functional benefit
Products and services
- North Rukwa Project Flagship helium exploration project in the Rukwa Basin of southwest Tanzania, comprising twelve granted Prospecting Licences covering approximately 1,467 km2. Contains the Mbelele Prospect with helium concentrations up to 2.46% and an independently certified unrisked summed mean Helium Prospective Resource of 176 BCF, expandable to 235 BCF across the broader Western Margin area.
- North Nyasa Project Helium exploration project covering two Prospecting Licences totalling 466 km2 in the North Basin of the Nyasa (Malawi) Rift area of Tanzania. Soil Gas Survey results demonstrate anomalous helium concentrations at up to 7.8 parts per million, over 40% above background, supporting helium prospectivity.
- Eyasi and Manyara Projects Combined helium exploration acreage comprising five Prospecting Licences covering 1,138 km2 in the Eyasi Basin and four PL applications covering 855 km2 in the Manyara Basin, both in central northern Tanzania. The company is planning initial data acquisition campaigns including surface geochemistry surveys to assess helium prospectivity.
- Green Helium Planned commercial product offering of helium sourced from gas containing little or no hydrocarbons, produced without greenhouse gas emissions. Noble's helium is contained within nitrogen, which can be vented to atmosphere with zero CO2 emissions, sourced from non-carbon environments with helium concentrations of 3% to 12%. Intended for sale to global industrial helium consumers.
Quantifiable outcome
- 235 BCF independently certified prospective helium resource - enough to supply world for 30 years at current demand if proven
- +4 more outcomes
Companies that use Noble Helium
Customer profileSegments5 records
Ideal customer profiles1 record
Noble Helium technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Noble Helium partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- BoreXpertcoreOperates the Schramm T130 XD rig (branded as Bore Experts SR-130 XD) contracted for Kinambo drilling campaign. Rig mobilising from Kenya to Tanzania for late-August 2026 spud. BoreXpert is key operational partner for drilling two initial wells at Kinambo targeting approximately 850m (Kinambo-1) and 1,750m at deeper Galula Formation (Kinambo-2).
- University of Dar es SalaamcoreUniversity of Dar es Salaam completed a Soil Gas Survey (SGS) over the North Nyasa Project in Q4 2022. Results demonstrated anomalous helium concentrations supporting prospectivity. School of Mines and Geosciences team completed shallow seismic surveys and is preparing electrical resistivity surveys for North Rukwa appraisal program. University engaged for on-site testing during shallow drilling program.
- Netherland, Sewell & Associates, Inc (NSAI)coreIndependent resource auditor of Houston engaged to complete resource certification for North Rukwa Western Margin. NSAI completed update of Western Margin prospective resources, providing independently certified unrisked summed mean Helium Prospective Resource estimates. Follows same certification process that achieved 176 BCF certification at North Rukwa.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Noble Helium competitors and assessment
Company assessmentBroad incumbents
- Air Products and Chemicals: Global industrial gas major with significant helium production capacity and long-term supply contracts to the semiconductor and aerospace sectors. Key potential off-taker or competitor for Noble.
- Linde plc: Global industrial gas major that produces and supplies helium as a by-product of hydrocarbon processing. Dominant incumbent in the global helium market that Noble would compete with and potentially partner with for downstream distribution.
- Air Liquide: Global industrial gas major and major helium supplier. Incumbent comparator for end-market distribution, pricing, and long-term supply agreements that Noble is targeting.
Direct peers
- First Helium: Canadian-listed helium exploration company focused on primary helium plays in Alberta. Comparable by product and stage, with overlapping target end-markets in semiconductor and medical imaging.
- Avanti Energy: Canadian-listed helium exploration company focused on primary helium targets in Montana and Saskatchewan. Comparable by commodity (primary helium) and pre-revenue stage.
- Helium One Global: London-listed primary helium explorer operating in the same Tanzanian East African Rift System. Closest direct comparable by geography, exploration methodology, and product (primary helium from non-hydrocarbon sources).
- Royal Helium: Canadian-listed primary helium explorer and developer focused on Saskatchewan and Alberta helium prospects. Comparable by product (primary helium) and stage (exploration/early development).
- 45-8 Energy: French private helium exploration and production company whose shallow helium well testing methodology Noble has explicitly adapted and is using in its shallow gas target drilling program. Directly comparable primary helium focus.
- Blue Star Helium: ASX-listed primary helium explorer targeting helium-rich gas accumulations in the US (Las Animas, Colorado). Comparable by stage (pre-revenue exploration), commodity (primary helium), and listing venue (ASX).
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Noble Helium social profiles
Digital presenceNoble Helium financial estimates
Financial estimateRevenue estimate
Valuation estimate
Noble Helium leadership team
Management profileNumber of profiles
Profiles10 records
Noble Helium subsidiaries and ownership
Company hierarchySubsidiaries1 record
Noble Helium funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Noble Helium M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Noble Helium
What does Noble Helium do?
Noble Helium is a pre-revenue helium exploration and production company focused on discovering and developing primary helium resources in Tanzania's East African Rift System. The company explores for helium in non-carbon (nitrogen-dominated) environments at substantially higher concentrations (3-12%) than traditional hydrocarbon by-product sources (0.3-0.5%), with the goal of producing and selling green helium to global industrial gas buyers.
Is Noble Helium a public or private company?
Noble Helium is a public company. It is classified as public and is currently operating.
When was Noble Helium founded?
Noble Helium was founded in -1. It employs 1 to 10 people.
Where is Noble Helium based?
Noble Helium is headquartered in Perth, Australia, in the Oceania region.
How does Noble Helium make money?
One revenue line is on record: helium Production and Sales.
Who are Noble Helium's main competitors?
Broad incumbents on record are Air Products and Chemicals, Linde plc and Air Liquide. Direct peers are First Helium, Avanti Energy, Helium One Global, Royal Helium, 45-8 Energy and Blue Star Helium.
Does Noble Helium have an API?
No public API is recorded for Noble Helium.
What industry is Noble Helium in?
Noble Helium's product category is Helium Exploration and Production. Its primary akta.pro industry code is IMAEACAD, Helium & Rare Gases (Neon/Krypton/Xenon), with a secondary code of IMAEACAG, Electronics & Semiconductor High-Purity Gases. Its NAICS code is 32512 and its SIC code is 1311.