Question

minerals are the backbone of industrialisation.justify this statement.​

Answer 1

Answer:

minerals are the backbone of industrialisation.

Explanation:

justify this statement.= because it is false

Answer 2

Answer:

The commercial and economic aspects are not in the hands of the investor and mainly rely on global market scenario. The feasibility analysis can indicate conversion of mineral resource to marketable commodity with adequate return on investment. The mineral resources are made ready for the end users by four well-defined processes, namely, exploration, development, production and extraction. The investment decision for each stage spins around interrelated components of “Resource”, “Risk” and “Revenue