Lower Paleozoic black shales are widespread in Sweden and form part of the Baltic paleobasin, which deposits are also known in Estonia and the Leningrad Oblast of Russia. These rocks are enriched in a carbon substance and characterized by the significant content of uranium, vanadium, molybdenum, copper, nickel, cobalt, zinc, and lead. Black shales contain high levels of Sr – 968; Ba – 337; U – 229; V – 509; Mo – 165; Zn – 411; Ni – 214; Cu – 112 (ppm) in secondary minerals composition formed on their surface. Retrograde diagenetic conditions facilitate the black shales chemical weathering. Elements of the first (U), second (Mo, Sr, Zn), and third (V) hazard classes are washed out of black shales and secondary minerals and can further enter biological cycles.