Pulsar Helium plans $90M Rare Gas Hub in Two Harbors, Minnesota
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Pulsar Helium selected an industrial site in Two Harbors for a proposed $90 million Rare Gas Hub. Cliff Cain, president of Pulsar Helium Inc. and Pulsar Helium MN Inc., stated the facility would process helium from its Topaz finding east of Babbitt. The company must still finalize a definitive agreement with the city of Two Harbors.
From mesabitribune.com
Why it matters
If constructed, the facility would be Minnesota’s first commercial helium facility. The project is described as potentially the largest in Two Harbors in years and could create 20 to 30 jobs, in addition to spin-off employment for railroad crews and electricians.
From mesabitribune.com
Who's involved
- CainPresident of Pulsar Helium Inc. and Pulsar Helium MN Inc., driving the project.
- MinnesotaThe state where the proposed commercial helium facility is located.
- Minnesota Department of Employment and Economic DevelopmentThe agency that reported that about 300,000 jobs in Minnesota are connected to helium production.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- MinnesotaSpeculative
Minnesota might see direct industrial investment and job creation in Two Harbors.
- Northeastern MinnesotaSpeculative
Northeastern Minnesota could see major industrial hub creation, potentially increasing regional investment and jobs.
The Minnesota Department of Employment and Economic Development might see increased economic activity related to helium production.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- New $90 million helium hub could boost Northeastern Minnesota's economyNortheastern Minnesota could see a boost from a $90 million helium hubLikely
- New helium hub could boost job prospects in northeastern MinnesotaThe department may see increased economic activity and job opportunities from the new helium hub.Possible
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The entities involved
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Minnesota
state of the United States of America
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Michigan
state of the United States of America
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Lake Superior
largest of the Great Lakes of North America