Answer:
(i)
We are rapidly consuming mineral resources that require millions of years to be
created and concentrated.
(ii) The geological processes of mineral formation are so slow that the
rates of replenishment are infinitely small in comparison to its consumption.
(iii) Continued extraction of ores leads to increasing
costs as mineral extraction comes from greater depths along with decrease in
quality.
Mineral resources are, therefore, finite and
non-renewable.
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