Australian exploration and production company ECR Minerals is eyeing up the helium opportunity in the US as it looks to expand its operations.
The company has said it wants to focus on assets which have recognised or historic helium production and access to existing infrastructure.
This will include looking at sites that are already producing, are capable of near-term production, or are able to process helium.
Nick Tulloch, Chairman of ECR Minerals, said that the company has spent many months streamlining its business to improve efficiency.
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