
HELIUM One Global, Tanzania’s leading helium exploration company, has received an offer letter from the Mining Commission (MC) of Tanzania for the grant of a mining license for its southern Rukwa Helium Project.
The company also holds a 50 per cent working interest in the Galactica-Pegasus helium development project in Colorado, USA.
Helium One CEO, Lorna Blaisse, said through a statement yesterday that the license issuance “is a historic moment for both the company and Tanzania”, marking the first-ever Mining License granted for helium in the country and on such a significant scale.
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“We are grateful to the Ministry of Minerals and the Mining Commission for their trust in our vision to pioneer this vital sector. I also extend my thanks to our dedicated team and shareholders for their unwavering support,” the CEO said.
The offer letter, according to information, grants a mining license covering approximately 480 square kilometres, encompassing the entire southern Rukwa Helium Project located in the Momba and Sumbawanga Districts of the southern Rukwa Basin.
This follows the approval by the Ministry of Minerals, which has permitted the MC to issue a larger-than-standard ML to support the project’s full development.
However, the mining license offer and terms are currently under review by Helium One.
The ML offer follows the Itumbula West-1 discovery in 2023 and the submission of a feasibility study last September, which highlighted the vast helium potential of the region.