Helium is the second-most-abundant element in the universe, but on Earth it is rare. It’s also very useful. (From 2021)
Minchin, a seasoned geologist, was hired as Helium One’s CEO in August 2020. He quickly listed the company on the London Stock Exchange to raise the necessary funds to renew the company’s exploration licenses. In May, when I visited him at his home in the countryside around London, he led me out to his garden, where he keeps some of his favorite rocks.
In 2018, through an old Danish palaeontology journal, Minchin says he discovered Europe’s largest deposit of, worth billions of dollars in today’s prices, outside of the Swedish village of Hörby. The coveted metal is used in redox-flow batteries, which store excess charge from intermittent sources like solar and wind and feed it back to the grid.
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