Helium Shortage Puts Semiconductor Industry at Risk
Helium supply is tightening around the world as disruptions to the production of this critical gas in Qatar threaten industries that depend on helium. The production disruption was triggered by the Iran conflict. When Israel and the U.S. launched Operation Epic Fury at the end of last month, Qatar halted production at Ras Laffan. This facility is the largest helium production plant globally and meets about one third of worldwide helium demand. As a result of this disruption, the price of helium has doubled on global markets. Prices could further hike by between 25% and 50% if production in Qatar…