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SKorea Trumpets Huge New Find of Rare Earth in NKorea

Barney11 Wrote: Aug 10, 2012 2:49 PM
Any economic activity would increase north Koreas economy. If we could mine the rare earths in california this wouldn't be such big issue. But let's see who would rather see needed green-greedy ingredients such as these come from the communist countrys?

North Korea: During the past week international news services have repeated a South Korean news service report that North Korea has up to 20 million tons of rare earth metal ores in its mountainous interior. This estimate would make North Korean deposits second only to China's and possibly worth $6 trillion, according to press accounts.

All of the recent reports seem to stem from meetings late last year between North and South Korean mining concerns about how best to exploit the rare earth ores. In...

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