RLT 0.00% 95.0¢ renergen limited

With global helium demand/shortage, RLT is well placed to be...

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    With global helium demand/shortage, RLT is well placed to be part of this boom.
    From a piece on oilprice.com “20% of the world’s helium supply goes into the manufacture of hard disks and semiconductors.With Big Tech companies such as Google, Facebook, Amazon, and Netflix being heavy users of helium in their massive data centers, we think this segment of the market is likely to be one of the fastest-growing over the next decade or so given the world’s insatiable appetite for data.Overall, the global helium market was worth approximately $10.6 billion in 2019 but is expected to grow at a compound annual growth rate (CAGR) of 11% and reach approximately $15.73 billion by 2023”

 
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