Finland Energy and Mineral Resources

Finland Country Studies index

Finland - Energy and Mineral Resources

Energy and mineral resources

Finland lacked petroleum, gas, and coal reserves, but it had significant mineral deposits. As in many industrial countries, low-cost imported petroleum fueled economic growth from the end of World War II until the 1973 oil crisis. Finland's forest industries, which were heavy energy users, had developed in the context of low energy prices. Even the achievement of agricultural self-sufficiency owed much to energy imports, in the form of either fuel for tractors or chemical fertilizers. From the 1970s, Finland's economy had to adjust to high energy costs. Finnish policy makers therefore had to ensure that the country used its other resources, including its mineral deposits, as efficiently as possible.

You can read more regarding this subject on the following websites:

Metals and Minerals Production in Finland
Finland 's minerals strategy - GTK
Finland - Resources and power |
Exploration potential of Finland - University of Oulu
Exploration - Geological Survey of Finland

Finland Country Studies index
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