Mineral resources of Russia and their significance

Mineral resources are necessary for the normal development of any country from an economic point of view. In Russia, this complex plays a major role in the budget development process. Mineral resources of Russia are the main source for financing industry, its modernization and development of the social sphere. The overall development of the country now and in the future depends on the quantity, quality of the resources extracted.

Russia has all the known minerals. But the impact of their extraction on the welfare of the people and the economy of the country is different.

The mineral resources of Russia and their development are the basis of the economy. Each country has certain minerals, but the Russian Federation is the only one that has a complete list in its bowels.

Some types of minerals are mined in our country in large quantities. Thus, in the development of 15 species, Russia's share is 5%. And some mineral resources are the main ones in the extractive industry. For example, our country supplies about 40% of palladium, 18% of nickel, three-quarters of the total volume of diamonds and 18% of natural gas.

Mineral resources of Russia are subdivided depending on their origin, application and quantity of deposits. On its territory, coal, gas, oil, non-ferrous, rare and ferrous metals, diamonds, gold and many other things are mined.

The problems of using natural resources have made the most relevant classification, related to their quantity. Here distinguish renewable and non-renewable reserves. The first group includes land, biological and water resources. Russia's mineral resources are non-renewable. There are also inexhaustible resources (climatic).

The country's mineral resource base is divided into the following categories.
Ore minerals are located mainly on the Kola Peninsula, in the area of the Kursk Magnetic Anomaly, the Angara Basin, Eastern Siberia, the Caucasus, the Urals, Transbaikalia, and the Altai. These are iron and nickel ores, non-ferrous and rare metals.

Combustible fossils are more common in Western Siberia, the Caucasus, the Pechersk Basin and Sakhalin. The priority here is oil and natural gas.

Of particular importance in the mineral and natural complex of Russia is coal deposits (stone and brown). They are located mainly in the Donbas, in the Kuzbass and in the Pechora basin. The most significant coal reserves are found in the Tunguska and Kansko-Achinsk basins.

Mineral resources of Russia are mined in various parts of the country. Yakutia is famous for its diamond deposits. Apatite is extracted on the Kola Peninsula. Stone and common salt is found in large quantities in the Urals and the Volga region. Graphite is mined in Siberia and the Urals.

The presence of a large number of fossils in the country is the basis for the development of many sectors of the economy, which are decisive. In addition, in Russia, mineral resources vary in species diversity, quantity and quality. This helps our country to occupy the main positions in the world community.
Extraction of natural resources provides the necessary raw materials base not only for domestic needs, but also allows the export of many types of resources.

On the territory of Russia, the deposits are unevenly distributed. The European part is not as rich in resources as, for example, the eastern regions of the country. There is a certain disproportion here.

The reserves of some resources are decreasing. This is primarily true of oil and gas. Therefore, one should be more rational about their use.
There are also many undiscovered areas of the country and deposits that are there. Therefore, there is a possibility of replenishment of reserves and discovery of new deposits.