liquefied natural gas( LNG) production, the halt in LNG processing meant helium production also froze. Experts indicated this disruption risked removing around 5.2 million cubic metres of helium from the market each month during the conflict.
Furthermore, with Iran then blocking ships from leaving the Persian Gulf through the Strait of Hormuz, alternative routes were heavily restricted, effectively taking a massive portion of global helium supplies offline for a sustained period.
“Helium is a critical process gas in semiconductor manufacturing”
Kevin Hein Senior Analyst Tirias Research
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