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- Resources are anything that has utility and adds value to your life. Air, water, food, plants, animals, minerals, metals, and everything else that exists in nature and has utility to mankind is a 'Resource'. The value of each such resource depends on its utility and other factors.
- Minerals are classified into two types: Metallic and non-metallic. Metallic Minerals: They are further sub-divided into ferrous and non-ferrous. Ferrous minerals: They contain iron. Examples are iron ore, manganese ore, chromite, pyrite, nickel, and cobalt.
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