Helium is a colorless, odorless, tasteless, non-toxic, inert gas that heads the noble gas series in the periodic table. Its boiling and melting points are the lowest among all the elements. Helium is the second lightest element and is the second most abundant element in the observable universe, being present at about 24% of the total atomic nuclei.
Helium has a number of unique properties that make it valuable in a wide range of industrial and scientific applications. One of the most well-known uses for helium is as a lifting gas in balloons and airships. Helium is much less dense than air, which makes it ideal for lifting large objects into the air.
In industry, helium is used as a coolant for nuclear reactors, as a pressurizing gas for gas chromatography and as a protective gas in various welding and cutting processes. Helium is also used to cool the superconducting magnets in MRI machines, which allows for clearer and more detailed images of internal organs and tissues.
In scientific research, helium is used in cryogenics, which is the study of the behaviour of materials at extremely low temperatures. Helium is used as a coolant to achieve these low temperatures, which allows scientists to study materials that would otherwise be impossible to observe.
Helium also has a vital role in the field of space exploration. It is used to pressurize the fuel tanks of rockets and as a coolant for spacecraft instruments.
Helium One Global Ltd (LON:HE1) focus is to explore, develop, and ultimately, become a producer of high-grade helium for the international market, a critical material essential in modern technologies. The company holds 4,512km2 of exploration licences in highly prospective helium provinces in Tanzania. The Company holds 100% of these licences and has exclusive rights to develop the assets.