The Economic Value of Industrial Minerals and Rocks for Developing Countries: A Discussion of Key Issues

Tetevi Bahun Wilson and Voxi Heinrich S Amavilah ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper provides a few general comments on the nature and economic value of industrial minerals and rocks and the need for an increased exploitation and use of these materials in developing countries. These materials are of great economic value as main raw materials for the construction, glass, abrasive, paper, chemical, ceramics, metallurgical and agricultural industries. Developing countries dispose of many of these materials, and could derive greater economic benefits from them. Per capita consumption of industrial mineral products continues to grow in developed countries and part of this demand could be met by exports from developing countries. The paper describes some of the issues to be addressed and steps to be taken if developing countries are to gain from industrial minerals and rocks

Keywords: Economic value industrial minerals and rocks; consumption industrial minerals and rocks; production industrial minerals and rocks; developing countries benefit minerals and roc (search for similar items in EconPapers)
JEL-codes: O17 O13 Q38 Q31 Q32 O22 Q30 O21 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ppm
Date: 2007-03-12
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Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:2214

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