Although helium is one of the most abundant elements in the universe, it is extremely difficult to extract and make available. Therefore it is one of the rarest elements on earth and due to its easy and comparatively simple storage and transport possibilities it has experienced an enormous demand and high price increase in the last years. Helium is used in the aerospace industry, but also in the medical field and in medical devices. Through our investment project, we are also securing the supply of this raw material for processing companies in our portfolio.
Background: Helium is a colourless, odourless and tasteless gas. Compared with other gases, it is the least soluble element in water. It is the least reactive element and generally does not form compounds. The density and viscosity of helium vapor are very low. The thermal conductivity and heat capacity are exceptionally high. Helium can be liquefied, but its condensation temperature is the lowest among all known substances.
Helium was the first gas used for filling balloons in high-altitude research. The main use of helium is as an inert shielding gas in oxyacetylene welding. Its greatest potential is found in very low temperature applications, such as aerospace.