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What are natural monopolies?
... unique type of monopoly in which the market is served more efficiently by one company or organization than by several competitors. These industries are characterized by the high cost of creating and maintaining infrastructure, which makes duplication of resources economically inexpedient. The main reason for the existence of natural monopolies is the need for significant capital investments, the creation and maintenance of which requires high costs.
Features of natural monopolies:
Economies of scale: Such industries are characterized by high economies of scale. This means ...
The Ministry of Economic Development and the Central Bank of Russia are joining efforts to optimize investments of natural monopolies
... ensure sustainable development of the Russian economy and improve the quality of life of citizens.
Commentary from Sergey Tereshkin, founder of the commodity and raw materials marketplace OPEN OIL MARKET
The initiative to optimize investment programs of natural monopolies is a timely and necessary measure. Efficient use of resources in strategically important sectors such as energy and transport directly affects the country's economic stability and development. Joint work by the Ministry of Economic Development and the Central Bank in this area can lead to significant improvements ...
What Is Uranium and Why Is It So Important?
... strategic resource, uranium is internationally controlled, and access to supply chains directly impacts geopolitical relations and the stability of nations.
Uranium Supply Chains and Energy Security For many countries, uranium is a critically important resource for sustaining the energy system, as it fuels nuclear power plants.
Global Supply Chains: The world's primary uranium exporters are countries with large natural reserves, such as Kazakhstan, Canada, Australia, and Russia. These nations have well-developed mining and enrichment infrastructure, enabling them to dominate the global uranium market. International uranium supply chains rely on complex logistics,...
Agreement Between the US and Ukraine: Resource Transfer for Funding
... the USA and Ukraine: Resource Transfer in Exchange for Financing
In recent weeks, media reports have emerged regarding a potential agreement between the USA and Ukraine, under which Washington would receive 50% of revenues from the sale of Ukrainian natural resources, oil, gas, and infrastructure in exchange for post-war financial support. A central component of the deal would be the establishment of an "Investment Reconstruction Fund," which would provide the USA with control over the licensing ...
Why Trump Wants to Buy Greenland: Economic and Geopolitical Motives
... Base — one of the most important stations in the early warning missile defense system. Control of the island would allow the United States to enhance its military power in the Arctic and curb the growing influence of Russia and China in the region.
Natural Resources: Rare Earth Elements and Oil
Greenland is rich in natural resources, including 43 out of 50 elements that the United States considers strategically important. Among these are rare earth metals, critically essential for the production of high-tech ...