Brazil

One of the nations with a sizable part of uranium and gold reserves in Brazil. Gold, iron, oil, uranium, and other natural resources worth $21.8 trillion is found in Brazil. Brazil ranked tenth in the world for oil production in 2019. According to a 2018 assessment, 61.9% of its land was wooded and 23.5% was used for perennial pasture.

Its mining sector primarily targets bauxite, platinum, copper, gold, iron, and tin, but it also excels in several lesser-known minerals, taking the first position for niobium and tantalite, second for kaolin and graphite, and third for talc, vermiculite, and aluminum reserves. Brazil has a huge installed hydroelectric power generation capability.

They are the second country that has the most iron production. Timber is the country’s highly valuable natural resource. It provides nearly 12.3% of timber worldwide worth 17.45 trillion dollars. The total value of their natural resources is about 21.8 trillion dollars. Recently they explored a vast reservoir of crude oil which can come up with 44 billion crude oil barrels.