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Helium is a colorless, odorless, and inert gas that is primarily used in cryogenics, particularly for cooling superconducting magnets in MRI machines. It also plays a crucial role in the aerospace industry, as well as in the production of semiconductors and fiber optics. Due to its unique properties and limited availability, helium holds significant economic value in various high-tech applications.
Source: United States Geological Survey Mineral Resources Program
See also: Mineral commodity prices