Natural resources are materials and components resources that exist without any actions of humankind and can be found within the environment. It can be part of our natural heritage or protected in nature reserves, and a natural resource may also exist as a separate entity. On Earth, the natural resources include sunlight, atmosphere, water, land, all minerals, vegetation, and animal life or resources such as metal ores, rare-earth elements, petroleum, and most forms of energy. Natural resources are our most significant energy source, and some countries possess a lot more than others.
Countries With The Most Natural Resources
The United States, the contemporary Superpower of the world, has been known as the leading producer of coal for decades. Mining is one of the primary industries in the United States, and it accounts for just over 30% of global coal reserves. 31.2% of the Earth’s coal reservoirs are under the soils of the U.S., and the overall biological resources in the country are priced at $45 trillion, with over 89% of them being timber and coal. The deposit of copper, gold, oil, and natural gas the U.S. has is unmatched by any other country, and the U.S. is among the top five states that are rich with these reserves. This country is also blessed with 750 million acres of land covered in forests and giant trees, which accounts for its vast timber production. Hence it is needless to say that the United States is packed with natural resources.
The mining industry of Russia is one of the biggest in the world, producing a wide range of commodities, including mineral fuels, metals, and industrial minerals, and is one of the former Superpowers of the world with total estimated natural resources worth $75 trillion. Russia is the second-largest exporter of rare earth minerals because it has the second-largest deposit of earthly minerals. Russia has the third-largest reservoir of gold and second-largest deposit of coal in the world as it covers most of the coal, timber, and gold reservoirs owing to its massive size. Russia has the largest share of natural resources globally and is no wonder one of the wealthiest countries in the world.
Saudi Arabia is a small country in the Middle East and has over 34.4 trillion worth of commodities. The heart of the Muslim world and the crown of the middle-eastern states is the country with the fifth-largest amount of proven natural gas reservoirs because almost 20% of the total oil in the world comes from the land of Arabs. This majestic country has the second-biggest oil reserves on the planet and the fourth-largest natural gas reserves. The nation has been a leading exporter of oil as it controls the sixth most significant natural gas reserves globally and possesses the fourth largest natural gas reserves globally. Hence, oil and gases are the prime sources of power generation in the country, and the country’s economy depends heavily on their income from their oil-exporting venture. Saudi Arabia is blessed with countless natural resources, and the description suffices its power over the world.