{"id":1501349,"date":"2024-11-09T04:00:00","date_gmt":"2024-11-09T09:00:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1501349"},"modified":"2024-11-09T04:00:00","modified_gmt":"2024-11-09T09:00:00","slug":"russia-dominates-us-as-worlds-largest-owner-of-natural-resources","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/russia-dominates-us-as-worlds-largest-owner-of-natural-resources\/1501349\/","title":{"rendered":"Russia Dominates US As World&#8217;s Largest Owner Of Natural Resources"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Russia Dominates US As World&#8217;s Largest Owner Of Natural Resources<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>Natural resources are the backbone of modern manufacturing, necessary to produce everything around us.<\/p>\n<p>According to 2021 data from\u00a0<a href=\"https:\/\/www.statista.com\/statistics\/748223\/leading-countries-based-on-natural-resource-value\/\">Statista<\/a>, 10 countries dominate the global natural resource landscape, each holding vast reserves critical for various industries.<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/Top-Countries-by-Natural-Resrouc.jpg?itok=is02pZuS\"><\/a><\/p>\n<h2>Russia\u2019s $75 Trillion in Natural Resources<\/h2>\n<p>Russia leads the pack with natural resources valued at $75 trillion, largely consisting of coal, natural gas, oil, and rare earth metals. At the end of 2018, Russia\u2019s Ministry of Natural Resources and the Environment valued the country\u2019s mineral reserves at approximately $1.44 trillion.<\/p>\n<p>In terms of global share, Russia is unmatched in natural gas, holding the world\u2019s largest proven reserves at 1.32 quadrillion cubic feet as of 2020\u2014nearly 20% of the global total. Russia also ranks as a\u00a0<a href=\"https:\/\/www.visualcapitalist.com\/visualizing-gold-consumption-vs-domestic-supply\/\">gold powerhouse<\/a>.<\/p>\n<h2>Other Resource Giants<\/h2>\n<p>The United States ranks second, with an estimated $45 trillion in natural resources, including coal, timber, natural gas, and valuable metals like gold.<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/2024-11-08_14-54-20.jpg?itok=zz10dIXo\"><\/a><\/p>\n<p>\u00a0\n<\/p>\n<p>In Saudi Arabia and Canada, oil wealth drives natural resources, placing these countries third and fourth on the list. Saudi Arabia, with its vast oil fields, has been a leader in global energy markets. Canada, on the other hand, also benefits from substantial uranium deposits and is home to some of the world\u2019s largest lumber companies.<\/p>\n<p>Further down the list, China has vast coal reserves, positioning it as the top producer of the fuel.<\/p>\n<p>Mineral-rich Brazil and Australia are leading producers of metals like iron ore, while Australia is also a top exporter of coal.<\/p>\n<p><em>If you enjoyed this graphic, make sure to check out this\u00a0<a href=\"https:\/\/www.voronoiapp.com\/energy\/Global-Coal-Consumption-is-Still-Rising-2420\">graphic<\/a>\u00a0that shows how global coal consumption is still rising.<\/em><\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Fri, 11\/08\/2024 &#8211; 23:00<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/geopolitical\/russia-dominates-us-worlds-largest-owner-natural-resources\" target=\"_blank\" class=\"\" rel=\"noopener\">https:\/\/www.zerohedge.com\/geopolitical\/russia-dominates-us-worlds-largest-owner-natural-resources<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russia Dominates US As World&#8217;s Largest Owner Of Natural Resources Natural resources are the backbone of modern manufacturing, necessary to produce everything around us. According&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1501350,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1501349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1501349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1501349"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1501349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1501350"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1501349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1501349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1501349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}