RUSSIAN RESOURCES

Alphabetical order

  1. Aluminum: Russia controls less than 2% of the world’s bauxite but produces just 6% of all aluminum used in food packaging, as well as in constructing commercial airliners, space shuttles, and fighter jets.
  2. Beef production: Russia ranks 10th in the world for beef production
  3. Boron: Russia produces 2% of all boron (used in the manufacture of glass and ceramic)
  4. Cadmium: Russia produces 4.6% of all cadmium used in household batteries 
  5. Coal: Russia is the world’s sixth largest coal producer and contains coal reserves second only to the US
  6. Cobalt: Russia produces 4% of the world’s cobalt (essential in the construction of space craft and turbine engines) 
  7. Diamonds and Other Gemstones: Russia is a world leader in both natural diamond and artificial diamond production. In volume, Russia controls 26.4 % of the global gem diamond production and 30.2 % of the global production of industrial grade diamonds.
  8. Gas: Russia holds 48 billion cubic meters of gas. It holds the number one spot for world gas reserves and is the world’s second largest producer of dry natural gas, second to the U.S.
  9. Gold : Russia is considered the world’s largest unexplored gold territory, with many of its sizable deposits having been relatively recently discovered. Estimates vary quite widely, but Russia likely holds 25-40% of the world’s unmined gold supply. Russia is currently the third largest gold producer in the world and holds the fifth largest gold reserves.
  10. Iron: Russia may hold as much as 30% of the world’s iron.
  11. Magnesium: Russia also produces about 5.2 % of the world’s magnesium, most often used to raise the melting point of alloys (but has widely varied uses in agriculture, medicine, industry, and chemistry).
  12. Milk: Russia ranks sixth in milk production.
  13. Nickel: Russia is the world’s largest supplier of nickel (9%) used for electric vehicle batteries in many hybrid cars, but also in the production of stainless steel, a basic commodity in countless industries
  14. Oil: Russia holds 17 billion tons of oil and the U.S. Geologic Survey estimates that Russia may hold as much as 25% of the world’s oil and Russia is the world’s largest oil producer, just behind the U.S. and Saudi Arabia. 
  15. Palladium: Russia produces 44% of the world’s palladium (used in everything from catalytic converters to electronics to dental equipment). Palladium is key in pollution control devices for cars and the aerospace industry
  16. Platinum: Russia is the second largest extractor of platinum after South Africa and the second largest exporter. Platinum is used in jewelry and in the auto industry.
  17. Potato: Russia ranks third in potato production after China and India but the potential is far greater. A majority of those potatoes are still grown on small farms, often without machinery, fertilizer, or even extensive irrigation
  18. Rare earth metals: Russia holds the world’s fourth largest deposits of rare metals used for electronics but contributes only 2% towards global production.
  19. Steel: Russia produces 3.9% of the world’s steel.
  20. Sugar: Russia is the world’s eighth largest sugar producer
  21. Sugar beet: Russia ranks first in sugar beet production
  22. Timber: Russia contains the world’s largest forest reserves, roughly 60% more than Canada or Brazil, which are number two and three respectively
  23. Titanium: About 22% of the world’s titanium sponge extraction occurs in Russia. Titanium sponge is the major source of titanium, one of the world’s strongest metals, which is used in military vehicles, arms manufacture, nuclear power stations, aircraft and shipbuilding, and drilling equipment
  24. Tungsten: Russia produces 2.6% of all tungsten used for light bulbs, electronics, and heating equipment
  25. Uranium: Russia produces 5% of the world’s total uranium and may control about 9% of global reserves
  26. Vanadium: Russia’s vanadium reserves are the second largest globally
  27. Wheat: Russia is the third largest producer of wheat (over 72 million tons)

Note

Disruptions in the flow of these raw materials not only threatens consumers and industry through price explosions, but severe supply shortages in the months to come constitutes a strategic threat to EU economic security: the EU’s capacity to deliver on its transformative green and digital ambition.

 

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