Explain any three factors effecting the economic viability of reserve of minerals
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The three factors that determine the economic viability are as follows
(i) The quality and quantity of mineral concentration in the ore.
(ii) The cost of extraction.
(iii) Location of mines and availability of transport.
(i) The quality and quantity of mineral concentration in the ore.
(ii) The cost of extraction.
(iii) Location of mines and availability of transport.
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