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Magmatic deposits are mined for

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Magmatic deposits are mined for

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Magmatic deposits are mined for a variety of valuable minerals and ores. Here are some of the most common ones:

  1. Nickel-Copper-PGE deposits: These are formed from magmas that are rich in iron and magnesium. They are a major source of nickel and also contain copper and platinum group elements.

  2. Chromite deposits: These are formed from magmas that are rich in chromium. They are the primary source of chromium, which is used in stainless steel and other alloys.

  3. Magnetite deposits: These are formed from magmas that are rich in iron. They are a major source of iron ore, which is used to make steel.

  4. Copper-Gold deposits: These are formed from magmas that are rich in copper and gold. They are a major source of both of these valuable metals.

  5. Diamond deposits: Diamonds can be formed in the mantle and brought to the surface by magmatic eruptions. These are a major source of diamonds for jewelry and industrial uses.

  6. Rare Earth Element (REE) deposits: These are formed from magmas that are rich in these elements. They are a major source of rare earth elements, which are used in a variety of high-tech applications.

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