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Nitrogen is a colorless, odorless gas that constitutes about 78% of the Earth's atmosphere. It is primarily used in the production of ammonia for fertilizers, which are essential for global agriculture, as well as in the manufacturing of explosives and in food preservation. Its economic significance lies in its critical role in enhancing crop yields and supporting food security worldwide.
Source: United States Geological Survey Mineral Resources Program
See also: Mineral commodity prices