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Helium One has acquired a 50% stake in Blue Star Helium’s Galactica-Pegasus project in Colorado, following a farm-out deal signed back in August. Located in the helium fairway of Las Animas County, the Blue Star Helium site is projected to produce both helium and carbon dioxide (CO2). Post deal, Blue Star will remain the operator of the project.
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The industrial gas industry is experiencing robust growth through sustainability initiatives, digital advancements, and expanded applications, presenting both opportunities and challenges for the future.
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Industrial gases, such as oxygen, nitrogen, hydrogen, argon, and carbon dioxide, play a critical role in various industries, including steel production, chemical manufacturing, electronics, and healthcare. The development of industrial gases dates back to the 18th century, evolving in parallel with scientific discoveries and the rise of industrialization. Over time, gas production methods improved, and their applications expanded across many fields of modern industry.
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Industrial gases refer to gases widely used in industrial production and applications. They mainly include the following:1. Nitrogen (N₂): used for gas protection, cooling and as an inert gas to prevent oxidation.2. Oxygen (O₂): used for welding, cutting and breathing equipment, and can also be used