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Minnesota Helium Opportunity Is Huge , But There A Big Hurdle

Pulsar Helium is developing its Topaz project near Babbitt, Minnesota, where it has discovered a huge helium deposit. The company plans a rare gas hub in Two Harbors to process helium and other gases from the project, which Fox21 says will be one of the 5 biggest of its kind. Pulsar is working with the state on approval for full-scale drilling, but so far work has been exploratory and drilling has never taken place in Minnesota, so regulations must be built from scratch. Pulsar President Cliff Clain sees the project revitalizing industries such as shipbuilding, aerospace and semiconductors in the Northland.

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