The country with the richest mineral resources in the world

May. 08, 2020

  Russia is the largest country in the world in terms of land area, and most of the country lies within the range of 50 ° to 70 ° north latitude. 

Such territory and latitude have a great influence on its natural environment, industrial and agricultural production, as well as the distribution of its population. It is because of the high latitude that the temperature is always low; The vast area provides the conditions for complex terrain and rich mineral resources. 

  Russia has huge mineral resources potential, owning 37% of the world's mineral resources.The resources have a potential value of $28 trillion.At present, more than 20,000 mineral deposits (including fuel resources) have been discovered and proved in Russia.According to the relevant information, in the mineral base structure, ferrous and non-ferrous metals accounted for 13%, non-metallic ore raw materials accounted for 15%, diamond and precious metals accounted for 1%.Russia has a higher degree of mineral resources security than other countries, and most of its mineral reserves are among the highest in the world. The proved reserves of iron ore, diamond, antimony and tin are the first in the world, the aluminum reserves are the second, the gold reserves are the fourth, the potash reserves account for 31% of the world, and the cobalt reserves account for 21%.Other minerals also account for a significant share of the world's reserves.Such abundant mineral resources are the solid foundation for Russia's domestic demand and export.Thirty-seven percent of Russia's mineral resources have been used for industrial development.Mining industry plays an important role in supporting the national economic survival in the difficult economic period of Russia.In the 1990s, when the mining amount of minerals (excluding diamonds) declined, the mining amount of a series of minerals (coal, nickel, cobalt, iron, rare metals, platinum, diamond, apatite, potash, etc.) in Russia still accounts for a certain proportion of the world, and it is the world's largest exporter of major non-ferrous metals: aluminum, copper and nickel.The export of mineral raw materials and processed products (excluding oil and gas) guarantees more than 20% of Russia's foreign exchange earnings.The vast majority of Russia's mineral resources are concentrated in the east, in Siberia and the far east.The region contains more than 80% of Russia's proven mineral resources, with a potential value of 25 trillion us dollars. It is Russia's main raw material base for minerals.

The country with the richest mineral resources in the world

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