EconomyExplored mineral resources in Arctic valued at over $20 trillion — minister
Russian Minister of Far East and Arctic Development Alexey Chekunkov said explored mineral resources in the Arctic are valued at more than $20 trillion. Subsurface users estimate that no more than 20% has been explored; extrapolating those figures would put Russian Arctic capitalization at at least $100 trillion. The region accounts for major shares of nickel, rare-earth metals, platinum-group metals, phosphates and natural gas production.
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TASS★★★☆☆2026-10-01 11:55Original
Explored mineral resources in Arctic valued at over $20 trillion — minister