Rift Helium lists on AIM as geopolitical risk tightens global supply

Rift Helium plc has listed connected AIM, joining the London Stock Exchange with a £8.1m rise astatine 10p per stock and an implied marketplace capitalisation of £13.4m. The institution volition deploy funds into exploration successful Tanzania’s Rukwa Basin, targeting superior helium accumulations astatine its 283 km² Upepo licence.

The listing lands against a fragile proviso backdrop. Global helium output is highly concentrated, with Qatar a ascendant supplier and export routes exposed to disruption astir the Strait of Hormuz. Recent proviso interruptions and Russian export controls person tightened availability, elevating the strategical worth of caller superior sources extracurricular the Gulf.

Rift’s method lawsuit rests connected the Rukwa Basin hosting helium not associated with hydrocarbons, simplifying processing comparative to LNG-linked recovery. An autarkic CPR (NSAI) estimates gross unrisked P50 prospective resources of 19 Bcf (mean 41 Bcf), though commerciality hinges connected reservoir continuity and travel rates.

Near-term enactment includes biology approvals, 3D seismic successful 2026 and drilling targeted for H1 2027. Export would way via Dar es Salaam toward Asian markets, avoiding Gulf transit risk.

The spread is execution. Helium systems are prone to leakage and adaptable concentrations, portion liquefaction requires capital-intensive cryogenics. Rift offers vulnerability to tightening proviso dynamics, but remains an early-stage exploration play alternatively than a near-term producer.

Rift Helium non-executive chairman, Patrick Muwowo, said: “Helium is an progressively important commodity for a scope of high-value industries, yet planetary proviso remains constrained and susceptible to disruption. Against that backdrop, Rift is entering the nationalist marketplace astatine an important time."

"Rift Helium lists connected AIM arsenic geopolitical hazard tightens planetary supply" was primitively created and published by Mining Technology, a GlobalData owned brand.

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