Helium demand is forecasted to grow at a compounded annual growth rate of 3 to 9%.
Thor's helium projects are all located in North America, unlike the other supplies in the Middle East or Africa. Furthermore, Thor's helium supply is not associated with any Oil & Gas production, making it "Green" and independent of the ups and downs of the Oil & Gas industry. Thor's goal is to replace the approximately 20% of the missing BLM production by 2021 with helium from southern Alberta and the surrounding area.