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The amount of minable materials in the vast area of Siberia could have set russia up as an economic powerhouse. That's why China is helping them run themselves into the meat grinder in Ukraine. The inevitable collapse will allow them to scoop up the area.
Almost every single country with an extraction-based economy is either a dictatorship or a failed state. The single exception is Norway, which discovered oil after it was already an advanced democracy. A country with natural resources does not need to invest in its human capital, or worry about democracy.
Russia's natural resources are its curse.
There is actually a good video by CGP grey on why this is. https://youtu.be/rStL7niR7gs
Remove the tracker from that url https://youtu.be/rStL7niR7gs