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North Korea Has Vast Rare Earth Metals Deposit

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posted on Aug, 13 2012 @ 11:19 AM
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The country's mountainous regions are thought to sit on around 200 different minerals, including, crucially, a large number of rare earth metals. The total worth of these deposits is thought to be worth more than $6 trillion*.


www.businessinsider.com...

These earth-metals are used to make everything from your smart-phone to your flat-screen TV, and yes...
These metals are becoming more and more rare, hence the name. Once the deposits, mainly found in China, dwindle I don't suspect you'll be able to get a 60inch flat screen for 1000$ anymore, and prices would almost quadruple (Accordingly to an article I read last month, which I'll find and post).

So whom believe war with North Korea will eventually have to become reality, or since the Western schooled Leader is building many amusement parks, opening the first public mall and firing some military commanders mean the end of a hardened regime? Deposits like this could certainly have a large hand in world politics.




posted on Aug, 13 2012 @ 11:30 AM
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North Korea should use the wealth generated from these resources to reinvent itself, and turn a new leaf so to speak, become part of the civilized world and work together with its neighbour instead of against them

The first pay check from the mining operations should go to feed the millions left starving under its previous mentally unstable, insecure, moronic leader, Kim Jong Ill... what a cold emotionless animal he was...



posted on Aug, 13 2012 @ 11:58 AM
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Interesting that they changed the bad guys in the remake of Red Dawn from the Chinese to the North Koreans...


Link


Propaganda at it's finest!
edit on 13-8-2012 by abeverage because: (no reason given)



posted on Aug, 13 2012 @ 12:00 PM
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China and America are a lot more friendly than most think, i imagine N Korea are somewhere very high up on there invasion list. Iran first me thinks.
edit on 13-8-2012 by andy06shake because: (no reason given)



posted on Aug, 13 2012 @ 12:01 PM
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reply to post by CALGARIAN
 


Apparently, 'rare' earth metals aren't so rare.

Link

The problem is that it is extremely capital intensive to get them out of the ground.




edit on 13-8-2012 by ollncasino because: (no reason given)



posted on Aug, 13 2012 @ 12:05 PM
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Originally posted by abeverage
Interesting that they changed the bad guys in the remake of Red Dawn from the Chinese to the North Koreans...


Link


Propaganda at it's finest!
edit on 13-8-2012 by abeverage because: (no reason given)

The original movie was a great portrayal of how invading any country will produce a resistance movement that can never be stopped, GO WOLVERINES (Taliban or Iraqi resistance). Anyone with a brain can transpose the countries.



posted on Aug, 13 2012 @ 12:11 PM
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Originally posted by earthdude

Originally posted by abeverage
Interesting that they changed the bad guys in the remake of Red Dawn from the Chinese to the North Koreans...


Link


Propaganda at it's finest!
edit on 13-8-2012 by abeverage because: (no reason given)

The original movie was a great portrayal of how invading any country will produce a resistance movement that can never be stopped, GO WOLVERINES (Taliban or Iraqi resistance). Anyone with a brain can transpose the countries.


The original was great, too bad the remake premise is unbelievable, I was just noting the irony.



posted on Aug, 13 2012 @ 12:25 PM
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reply to post by CALGARIAN
 


I am sure I read in a book about the Korean war that the North also has huge deposits of uranium as well.
They could be raking in the money if they were into that sort of thing,selling uranium and rare earth minerals.(legally,not to bad guys-if that is even possible with uranium these days,well hey the queen sells it so??).

Hopefully the new guy with his pop star wife will get good things going for the people instead of starving and torturing them like his dad and grandad did.



posted on Aug, 13 2012 @ 12:26 PM
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hmmm if only they had a non-centralized bank....
it seems they already border a country deemed to be a threat
and have vast natural deposits...

*cue greedy western politician desperately covering their tracks while not giving the game away**
"yeah i think they got WMDs" - tell us something we dont know

"but they found the instruction manual and its in korean this time!!!" - holy [snip]

maybe we would be seeing propoganda on tv regarding "the free korean army"
and using rhetoric like "down with ASSAD! i mean erm... kim jong un"
edit on 13-8-2012 by Insearchofthetruth1987 because: (no reason given)



posted on Aug, 13 2012 @ 04:13 PM
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One more reason to deliver them democracy


Its sad to hear about mass starving and in same time read about riches they supposedly have.



posted on Aug, 14 2012 @ 04:05 AM
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reply to post by CALGARIAN
 


"rare earth metals" are actually anything but rare. They are very abundant. What makes them "rare" is that it's "hard" to mine "safely." So if you want the metals in abundance you need to be willing to condemn whoever will mine it to a horrible, horrible, horrible life filled with dangers that will lead to miners dieing on a regular basis, not to mention catastrophic environmental damages.

The United States actually has VAST sources of rare earth metals, especially in the Nevada/SW region. But we would never mine them ourselves. Recently in China there has been environmental and labor movements to close rare earth mines or modernize the techniques to mine them, which has resulted in several mines being shut down.

Edit to add: I should say, while the mining will always be dirty, countries like the USA COULD do it "cleaner" ... but you would end up paying a massive premium on your electronic gadgets. It's easier to have chinese do it, destroy the lives of thousands of villages and destroy huge swaths of earth to make ipods as cheap as possible.
en.wikipedia.org...
We closed our largest rare earth mine in the 1980's. (they're still cleaning it up)
edit on 8/14/2012 by Rockpuck because: (no reason given)



posted on Aug, 14 2012 @ 10:02 AM
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Originally posted by TritonTaranis
North Korea should use the wealth generated from these resources to reinvent itself, and turn a new leaf so to speak, become part of the civilized world and work together with its neighbour instead of against them


It cant... Their tech level is stuck in the 1950's. There is no country that is going to equip them with more advanced technology simply because it will bolster the regime. The goal is to bring the north korean government down, not support it by giving it technology and the ability to generate a cash revenue.

REcent advances by Japan and the US in the area of rare earth metal extractions has actually stabliaed the market some since what was once controlled by china is once again spread outside chinas borders.



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