Abstract
Abstract
Mineral Resources
23321A0590 Shravani Katakam
Abstract—Mineral resource is the mineral deposit consisting of useful concentration that may or
may not exceed economic cost for obtaining the valuable minerals. The technological process, the
needs of the economy and prices in the market, depends on whether and when the rock/mineral
becomes raw material. For example, for road construction mineral raw material is stone recovered
from the quarry, and the stone blocks broken away from the rock mass for the construction of
stone structures or processing into polished slab.
Rock bauxite is mineral raw material for obtaining aluminum, hematite for iron, and kaolin for
porcelain. Less-pure clay is mineral raw material for manufacture of ceramics, and impure clay
for production of tiles or bricks. Ore deposits are formed in the Earth's crust by
different geological processes and accumulates minerals or ores in such quantities that it is
technologically possible to mine and economically profitable to gain. In such condition, the
mineral resource becomes mineral or ore reserve.