Lebanon
limestone, iron ore, salt, water-surplus state in a
water-deficit region, arable land

Lesotho
water, agricultural and grazing land, diamonds, sand, clay,
building stone

Liberia
iron ore, timber, diamonds, gold, hydropower

Libya
petroleum, natural gas, gypsum

Liechtenstein
hydroelectric potential, arable land

Lithuania
peat, arable land, amber

Luxembourg
iron ore (no longer exploited), arable land

Macau
NEGL

Macedonia
low-grade iron ore, copper, lead, zinc, chromite,
manganese, nickel, tungsten, gold, silver, asbestos, gypsum, timber,
arable land

Madagascar
graphite, chromite, coal, bauxite, salt, quartz, tar
sands, semiprecious stones, mica, fish, hydropower