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We're joined by Tom Elliott, the founder of Hotspur Helium, who holds the largest multinational primary helium portfolio globally. We discuss what Hotspur Helium is building and the ambition behind the company, before stepping back to look at why helium has become such a compelling focus for investors and operators alike. Tom shares insight into the critical uses of helium — from healthcare and advanced manufacturing to space and technology, and the demand trends reshaping the global supply landscape. We also discuss how Hotspur Helium thinks about where to operate globally, what differentiates the company in an increasingly competitive space, and where it currently sits in its growth journey. Finally, we dive into the commercial realities of helium projects, including off-take interest, project economics, payback potential, and what the outlook looks like over the coming years. This is a practical, forward-looking conversation about a niche commodity that plays an outsized role in modern industry, and how Hotspur Helium is positioning itself within that opportunity KEY TAKEAWAYS Hotspur Helium differentiates itself by targeting "elephant" prospects—large-scale deposits (at least 5 BCF of recoverable helium) in the Middle East and Southern Africa, rather than the smaller pockets often found in North America. While 95% of global helium is currently a byproduct of the oil and gas industry, Hotspur is focused on "primary helium" exploration. This ensures a stable supply that isn't subject to the volatility of LNG market prices. Helium is irreplaceable in high-growth sectors, specifically semiconductor manufacturing, MRI scanners, and space exploration. Each SpaceX launch, for instance, consumes roughly 6% of daily global helium production. Since its founding in 2024, the company has acquired 20,000 square kilometres of acreage. They aim to finalise surface exploration in 2026, begin drilling in 2028, and bring the first helium online by 2030. BEST MOMENTS "Hotspur Helium... holds the largest multinational primary helium portfolio globally." "Someone said to me the other day, 'Oh, so you're elephant hunting.' And that's essentially what we're doing... we're the first people through the door and we're able to acquire the best acreage." "Right now, is helium the tail on the dog or is it the flea on the end of the tail of the dog? Right now, given the size of the LNG industry, it's pretty small... " "It's an extremely lucrative commodity... worth something like 200 to 300 times that of natural gas” GUEST RESOURCES Web: www.hotspurhelium.com Email: info@hotspurhelium.com LinkedIn (Hotspur): https://www.linkedin.com/company/hotspurhelium/ LinkedIn (TE): https://www.linkedin.com/in/tom-elliott-230731316 VALUABLE RESOURCES Mail: rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X: https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast Web: http://www.mining-international.org CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/
Tom Elliott has weighed in on the distressing attack at Bondi Beach on Sunday night, and the response from the federal government.See omnystudio.com/listener for privacy information.
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Secretary of the Police Association Victoria, Wayne Gatt, joined Tom Elliott.See omnystudio.com/listener for privacy information.
This caller was very happy after Tom Elliott gave him a call live on air!See omnystudio.com/listener for privacy information.
Christmas light aficionado, Stephen Jacobs, joined Tom Elliott.See omnystudio.com/listener for privacy information.
Tom Elliott has raised an issue he has with subscription services.See omnystudio.com/listener for privacy information.
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Tom Elliott asked the Premier about the standard of the roads in Victoria.See omnystudio.com/listener for privacy information.
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Tom Elliott 'nearly fell off his chair' when he read this.See omnystudio.com/listener for privacy information.
The Director of Student Administration at Swinburne University joined 3AW Mornings.See omnystudio.com/listener for privacy information.
Tom Elliott asked the Premier several questions regarding the impact of the Victoria Treaty.See omnystudio.com/listener for privacy information.
Premier Jacinta Allan joined Tom Elliott to discuss the Victoria Treaty, gas and bushfire preparedness.See omnystudio.com/listener for privacy information.
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Chief economist and co-founder of MacroBusiness, Leith van Onselen, joined Tom Elliott.See omnystudio.com/listener for privacy information.
Tom Elliott has questioned Federal Treasurer Jim Chalmers' priorities amid the saga involving the communications minister Anika Wells' expenses.See omnystudio.com/listener for privacy information.
Tom Elliott has brought up audio of Prime Minister Anthony Albanese from 2015 when Liberal politician Bronwyn Bishop took a helicopter from Melbourne to Geelong.See omnystudio.com/listener for privacy information.
Tom Elliott has weighed in on comments from the Sex Discrimination Commissioner.See omnystudio.com/listener for privacy information.
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Tom Elliott has voiced his concerns with the social media ban for under 16s, which commences on Wednesday.See omnystudio.com/listener for privacy information.
Communications minister Anika Wells has come under fire as more taxpayer funded trips come to light.See omnystudio.com/listener for privacy information.
Councillor at Merri-Bek Council, Oscar Yildiz, joined Tom Elliott.See omnystudio.com/listener for privacy information.
Mayor of Federation Council, Cheryl Cook, joined Tom Elliott.See omnystudio.com/listener for privacy information.
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Tom Elliott has highlighted two examples of councils with "very different points of view" this morning.See omnystudio.com/listener for privacy information.
Tom Elliott has weighed in on an ongoing battle Victorian farmers are fighting.See omnystudio.com/listener for privacy information.
Tom Elliott has highlighted a concerning figure.See omnystudio.com/listener for privacy information.
Former Parents’ Association president, Christina Woods, joined Tom Elliott.See omnystudio.com/listener for privacy information.
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Tom Elliott has weighed in on the impending social media ban for under-16s.See omnystudio.com/listener for privacy information.
Sarah, who was at the council meeting on Monday, provided insight on Tom Elliott's program.See omnystudio.com/listener for privacy information.
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Tom Elliott clashed with the Chair of the Climate Change Authority over land clearing for renewables.See omnystudio.com/listener for privacy information.
Tom Elliott has called out the hypocrisy from federal environmental department officials, whilst discussing renewable energy on his program.See omnystudio.com/listener for privacy information.
Tom Elliott received a tip from a caller that made him angry.See omnystudio.com/listener for privacy information.
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Premier Jacinta Allan joined Tom Elliott for a wide-ranging interview on Monday morning.See omnystudio.com/listener for privacy information.
Tom Elliott has challenged Premier Jacinta Allan on the effectiveness of the machete amnesty, which came to an end on Sunday.See omnystudio.com/listener for privacy information.
Social researcher and demographer at McCrindle Research, Mark McCrindle, joined Tom Elliott.See omnystudio.com/listener for privacy information.
Tom Elliott has questioned whether Australia has become the 51st state of America today.See omnystudio.com/listener for privacy information.
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Rohan Wightman, former member of the Squatters Union of Victoria joined Tom Elliott to discuss a new proposal.See omnystudio.com/listener for privacy information.
Tom Elliott has weighed in on a suggestion for vacant property in Victoria.See omnystudio.com/listener for privacy information.
Tom Elliott has shared his thoughts on the latest inflation figures, and Minister for Climate Change and Energy of Australia, Chris Bowen.See omnystudio.com/listener for privacy information.
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Spokesperson for Council Watch, Dean Hurlston, joined Tom Elliott.See omnystudio.com/listener for privacy information.
Tom Elliott, Joe Brown and Michael Lyne break down the 16-player All-Area football squad, which releases online Friday afternoon and will be featured in Saturday's print edition
The Frankston mayor has returned from his 19-day overseas trip.See omnystudio.com/listener for privacy information.