U.S. Department of Energy Designates Helium as a Critical Material

On October 23, 2026, the U.S. Department of Energy designated helium as a critical material, highlighting its importance in semiconductor manufacturing and the potential for global supply disruptions. This designation is expected to lead to increased federal financing for helium producers and improved government oversight of the resource. Avanti Helium Corp. CEO Chris Bakker supported the decision, stating it is crucial for U.S. self-sufficiency in helium and will aid in the exploration of new reserves to boost North American supply.