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MINEAL ECONOMICS



ECONOMIC IMPORTANCE OF MINERALS

  • The significance of mineral resources embraces several areas. They are an integral part of industrial development , economic progress and national  security .
  • Mineral resources are related to significant economic activity  that converts natural mineral wealth into goods for industrial and domestic  consumption.
  • Minerals  are important  to our health, we need small amounts of a wide variety  of minerals like calcium, phosphorus, sulphur, copper, floride, iron and zinc.
  • coal, oil and natural  gas provide us with almost all of he energy we use to light, heat and run our world.
  • Minerals are ingredients  in almost all  of the products we use from fertilizer, plastics, toothpaste, medicines. Minerals also play an important  role in the processing of materials.
  • Bentonite is important  in well drilling and Barite is important  in oil drilling .
  • Chert used to make stone tools and used as fill to provide stable base for roads.
  • Coal used as a fuel (Flamable) the oils and tars produced processing  coals are processed into a variety of organic solvents and compounds  such as plastic, motor fuels, photo developer, perfume, medicine and sugar substitute.
  • fluorite used as a flux i.e used as an intermediate chemical to seperate metals from waste materials .
  • The largest use of lead is in automotive batteries .
  • Gypsum is primarily  used to make wall board, it is also an ingredients  in cement.
  • Iron is used for tools ,for appliances and for building  supports.
  • Limestone is used as building  stone, ornamental stone for surfaces and to make cement.
  • Oil and natural gas are used as fuels and ingredients  in the chemical  industry to produce petroleum  based products.
  • Sand and gravels are used as fill to produce stable  foundations  for buildings and roads.

CONCLUSION-

  • Mineral deposits  in theearth are limited .
  • We should  use them carefully .
  • We should not exhaust all of our resources unthoughtfully.
  • We should find somevalternative to minerals.
  • We should use solar, wind and water energy as an alternative to coal and petrol .






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