ENSC 2001 Lecture 6: ENSC 2001 Lecture 6 Notes
Document Summary
Availability of mineral resources as a measure of the wealth of a society, often judged or measure by the abundance of some of these resources. Important in people"s daily life as well as in overall economy. We as a society became independent on products made from minerals resources. Finite amount of mineral resources and growing demands for the resources. Supply shortage due to growing global industrialization, with more developed countries consuming disproportionate share of mineral resources. The erratic distribution of the resources and uneven consumption of the resources. Highly developed countries use most of the resources. Mineral resources concentration of naturally occurring material in or on the earth"s crust, which can be economically extracted, or may be in the future. Reserve portion of a resource that is identified and currently available to be extracted economically. Ore is a naturally occurring mineral resource (mainly metallic) of economic value that can be mined at a profit.