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What will happen to the living world without minerals

User BradG
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But if we were to run out of a mineral as in, exhaust our supply it probably wouldn't be because there's none of it left on Earth. The problem would be that the processes used to extract it have become too expensive, difficult or harmful to make mining worthwhile.

User Giovanni Bajo
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Answer:

Without mineral resources, industry would collapse and living standards would plummet.