The article presents a systematic review of industrial minerals of Karelia ranged according to the most important geological events in the history of the Earth's crust of the Fennoscandian Shield. Polygenic and polytypic deposits and occurrences were distinguished, including operated and potential ones. The important role of industrial minerals in the economics of mineral raw materials is emphasized taking into account that the state of the world market is sufficiently stable and has a tendency to grow. Karelia possesses favorable geological conditions and prerequisites for the development and use of various types of mineral raw materials.