4 ms·
There are generally 3 categories: * Production: What's been mined & produced * Reserves: What's economically viable to produce * Resources: All the mineral w
by wiredfool 4y ago
There are generally 3 categories:
* Production: What's been mined & produced
* Reserves: What's economically viable to produce
* Resources: All the mineral we know about, including that which is not economically or technically viable to mine
Numbers (2021) I've seen show total world reserves as ~ 20MT. Total Resources are more like 90MT.
Bolivia has a large percentage of the resources (ca 20MT), but no appreciable reserves (according to USGS) and I haven't seen production numbers from it.