The objective of the study was to assess the feasibility of using groundwater in the Chechen Republic for the extraction of valuable elements and their compounds based on an analysis of the obtained mineralized water compositions. A preliminary literature review has been conducted on the most important physicochemical properties of lithium, strontium, bromine, iodine, boron, and their most important compounds, methods for their production, occurrence in nature (including in hydromineral raw materials), and methods of extraction from various sources, including mineralized waters. The physicochemical properties and chemical composition of 22 samples, most of which have been obtained from fl ooded oil wells in the Chechen Republic, have been determined. The acidity, density, and dry residue values have been determined, as well as the concentrations of lithium, sodium, potassium, calcium, magnesium, and iron cations, as well as bicarbonate, chloride, sulfate, iodine, and bromide ions and boron content have been defi ned, and the water type was determined according to V. A. Sulin. Based on an analysis of the obtained experimental data, six of the most promising samples have been identifi ed, containing iodine, bromine, and lithium concentrations above the established minimum concentrations for industrial extraction. Three samples, with iodide ion contents in the range of 36–42 mg/L, were of greatest interest for further study and use, signifi cantly exceeding the average concentration of this element in mineralized waters. A review of chemical and technological solutions for extracting valuable element compounds has been conducted based on literature data and analysis of the studied mineralized water compositions.