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ABC News

Business

Helium production in Australia is set to end. Could another source fill the gap?

Australia United States NT Darwin Petroleum BOC Semiconductor

Helium has many more important uses than for party balloons. (Unsplash: Adi Goldstein)

Australia's only local production of helium is set to end in the coming months, but could a resource in the Northern Territory fill the void?

Since 2010, BOC has been Australia's only helium producer, with the gas coming as a by-product from Santos's Darwin LNG plant.

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