Russia has taken over $12.4T worth of natural resources in Ukraine.
Friday, August 12, 2022

Russia has taken over $12.4T worth of natural resources in Ukraine.

 According to the WP, out of 120 minerals and metals used in industry, 117 are in Ukraine. But 2,209 energy resource, metal, and mineral deposits are concentrated in the Russian-controlled Ukrainian territories, collectively valued at a minimum of $12.4T. Recently Russia seized 63% of Ukraine’s coal deposits. Additionally, 11% of oil deposits and 20% of gas deposits are concentrated in the controlled territory. 42% of metals and 33% of rare earth metals are also under Russian control. The occupiers control fuel deposits, particularly 41 coal, 27 gas, 14 propane, and 9 oil fields. In addition, there are 6 deposits of iron ore, 2 deposits of titanium ore, 2 deposits of zirconium ore, and 1 deposit each of strontium, lithium, uranium, and gold. Experts note that Russian control of limestone deposits, which are needed for steel production, is of great importance.

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