NORTH KOREA HAS RARE EARTH DEPOSITS AND IS LOOKING FOR PARTNERS TO DEVELOP THEM
January 1st, 2013
WITH the global hunt for new rare earth reserves intensifying, claims from North Korea that its prospectors have identified 20 million tonnes of rare earth metal reserves have raised more interest than most statements from this isolated communist state.Such statistics are usually taken with a pinch of salt, but around the same time South Korea’s Bank of Korea released data suggestion its northern neighbour had mineral deposits – including rare earths – worth around USD6 trillion. What’s more, according to a North Korean science journal, noted this year by ...
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