North Korea calls for reunification with South Korea


#122

Imagine that, NK doesn’t even get an honorable mention in rare earth metals reserves.
China may mine 95% of Rare earth metals today but maybe not tomorrow.

In 2016, excess global supply caused prices for many rare-earth compounds and metals to decline, and China continued to dominate the global supply. In China, the rare-earth mining production quota for 2016 was set at 105,000 tons, unchanged from 2015. China’s rare-earths industry continued its consolidation into six major industrial entities.
Through September 2016, China had exported 35,200 tons of rare-earth materials, a 50% increase compared with exports for the same period in 2015. Production of rare-
earth oxide equivalent in Malaysia, derived from concentrates mined in Australia, was 6,290 tons through June 2016, a 37% increase compared with the same period in 2015.
United States
1,400,000
Australia
3,400,000
Brazil
22,000,000
Canada
830,000
China
44,000,000
Greenland
1,500,000
India
6,900,000
Malaysia
30,000
Malawi
136,000
Russia
18,000,000
South Africa
860,000
Vietnam
22,000,000

The World:
120,000,000


#123

@imjimo

https://thediplomat.com/2014/01/north-korea-may-have-two-thirds-of-worlds-rare-earths/

North Korea May Have Two-Thirds of World’s Rare Earths
A new estimate suggests that North Korea may have more than 6 times the amount of rare earths as China.


#124

Guess your government lied.

No wait, your BOGUS article is from 2014 and your governments estimates are from WAIT FOR IT, WAIT FOR IT, 2016.

AS OF 2016, NK DIDN;T EVEN RATE A SPECIAL MENTION.


#125

#126

Stick around, you’ll find a lot of morons here that post very lengthy posts that nobody reads or comments on. They think highly of themselves. No need to name names, it’s obvious. People who think their longevity is important. Their grammar and spelling speaks for itself.


#127

In fact, some shithead criticized a 2014 study that concluded that 2/3 rds of the worlds REE’s are in North Korea as being dated. :joy::joy::joy::joy::joy::joy: As though those REE’s under ground disappeared in the last 4 years. Lmfao.

British Islands-based private equity firm SRE Minerals Limited announced the study results in December, along with a 25-year deal to develop the deposits in Jongju, northwest of the capital, Pyongyang.

The joint venture, called Pacific Century Rare Earth Mineral Limited, is with state-owned Korea Natural Resources Trading Corporation.


#128

While partisan Americans argue over culture war and stupid immigration battles, Americans will die for stupidness.

America’s next security threat: resource wars
This century’s clashes will be conflicts over access to food, water, and energy.

https://www.google.com/amp/s/www.bostonglobe.com/opinion/2014/08/30/america-next-security-threat-resource-wars/qCqaar507gcYweKMVOOc3J/amp.html


#129

No where in your source did they even mention North Korea what that about ? It seems there is enough rare earth available outside of China and Russia to work with or around .


#130

Yes the long lengthy posts often prove you short little quips are nothing but you BS opinion.

But then again perhaps your challenged as reading is fundamental.


#131

NK isn’t on the radar of world reserves as proven by our esteem government.


#132

In fact the azzwipe quotes a potential find, not proven reserves which still hasn’t been identified as proven today.

Potential is not proven, pull your head out.


#133

May Have

Is not the same as HAS.


#134

Do note the word “discovery” and the 50 year contract to mine the discovered RRE’s. :wink:

Privately-held SRE Minerals on Wednesday announced the discovery in North Korea of what is believed to be the largest deposit of rare earth elements anywhere in the world.

SRE also signed a joint venture agreement with the Korea Natural Resources Trading Corporation for rights to develop REE deposits at Jongju in the Democratic People’s Republic of Korea for the next 25 years with a further renewal period of 25 years.


#135

The Minerals may as well be on the moon for all the good it will do North Korea !
North Korean mining production has decreased significantly since the early 1990s. It is likely that the average operational rate of existing mine facilities is below 30 per cent of capacity. There is a shortage of mining equipment and North Korea is unable to purchase new equipment due to its dire economic situation, the energy shortage and the age and generally poor condition of the power grid.

It doesn’t help that private mining is illegal in communist North Korea, as are private enterprises in general (at least technically). Or that the ruling regime, now led by third-generation dictator Kim Jong-un, has been known to, seemingly on a whim, kick out foreign mining companies it’s allowed in, or suddenly change the terms of agreements.

Despite all this, the nation is so blessed with underground resources that mining makes up roughly 14% of the economy.
After North Korea conducted its first nuclear test in 2006, the UN began imposing ever stronger sanctions against it. Last year the nation’s underground resources became a focus. In November 2016, the UN passed a resolution capping North Korea’s coal exports and banning shipments of nickel, copper, zinc, and silver. That followed a resolution in March 2016 banning the export (pdf) of gold, vanadium, titanium, and rare earth metals.

The resolutions targeting the mining sector could hurt the Kim regime. Before they were issued, a 2014 report on the country’s mining sector by the United States Geological Survey noted that (pdf, p. 3), “The mining sector in North Korea is not directly subject to international economic sanctions and is, therefore, the only legal, lucrative source of investment trade available to the country.”
Meanwhile China’s overall trade with North Korea actually increased 37.4% (paywall) in the first quarter compared to the same period last year. Its imports of iron ore from North Korea shot up 270% in January and February from a year ago. Coal dropped 51.6%.
China particularly covets North Korea’s rare earth minerals. Pyongyang knows this. It punished Beijing in March by suspending exports of the metals to China in retaliation for the coal trade restrictions.

Meanwhile Russia, which also shares a (smaller) border with North Korea, in 2014 developed plans to overhaul North Korea’s rail network in exchange for access to the country’s mineral resources. That particular plan lost steam (pdf, p. 8), but the general sentiment is still alive.

The rocket man is playing Russia and China .https://qz.com/1004330/north-korea-is-sitting-on-trillions-of-dollars-on-untapped-wealth-and-its-neighbors-want-a-piece-of-it/


#136

Is the US really eyeballing the rare earth elements below North Korea?.. I haven’t really seen the US conquer lands and strip them of their minerals before… Japan… Germany…Iran… show me an example. Now if Putin means that the US is most interested in seeing that those deposits, if they are indeed as large as claimed, not be used to attempt to blackmail the west… but I think that their are enough deposits around the world that it is unlikely to happen…


#137

This has nothing to do with North Korea’s abilities. Wars are mostly fought over resources!!! And with this type of value in the ground, it’s little wonder that the US government is once again scaring Americans with threats of mushroom clouds as they did with Iraq.

Pentagon sponsored study declares American empire is ‘collapsing’
Report demands massive expansion of military-industrial complex to maintain global ‘ACCESS TO RESOURCES’


#138

This source is the wormiest ever !
The report, published in June by the U.S. Army War College’s Strategic Studies Institute, evaluated the Department of Defense’s (DOD) approach to risk assessment at all levels of Pentagon policy planning. The study was supported and sponsored by the U.S. Army’s Strategic Plans and Policy Directorate; the Joint Staff, J5 (Strategy and Policy Branch); the Office of the Deputy Secretary of Defense for Strategy and Force Develop­ment; and the Army Study Program Management Office.
This is why we elected President Trump . We have to correct the Obama era abuse of our military !

According to Freier and his team, the dangers currently challenging the U.S. don’t just come from countries like Russia and China (and even North Korea and Iran), but also from the increasing risk of “Arab Spring”-style events that could potentially erupt all over the world. One might wonder, then, why the U.S. decided to support a number of these events, even to the great benefit of known jihadist movements that already existed within them.

Ahmed also astutely points out that the report doesn’t actually substantiate its claims that countries like Russia are a genuine threat to America’s national security, aside from the fact that these countries seek to pursue their own core interests – as most countries should be free to do (within reason).

According to the report, Iran and North Korea are “… neither the products of, nor are they satisfied with, the contemporary order… At a minimum, they intend to destroy the reach of the U.S.-led order into what they perceive to be their legitimate sphere of influence. They are also resolved to replace that order locally with a new rule set dictated by them.”

This is why we elected President Trump . We have to correct the Obama era abuse of our military !


#139

That has nothing to do with the fact that the MIC is readily acknowledging that without further expansion the US will loose control of the worlds resources and collapse. The Pentagon has very little to do with defense and very much to do with global resource exploitation!!!


#140

Never mind the fact that throughout Obama’s presidency the United States military remained magnitudes larger than any military in the world, with a budget, even at its lowest, magnitudes higher than any other military in the world. And capable at anytime throughout his presidency to adequately protect the United States from any force around the world. The TIC will indeed be good for the MIC, no questions about that whatsoever. As I pointed out in the piece above, the MIC is fearmongering and threatening the government with visions of a collapse of the American empire if they don’t give them more money. Trump filled that order right off by increasing the MIC/Pentagon budget by over a hundred billion.


#141

Ever vigilant we must be ever vigilant the cost is blood not money freedom not money . Money can be replaced a life lost is gone for eternity .
The United States has the best-equipped military on the planet.
Both Russia & China have been modernizing their armed forces, and while their equipment still lags behind top-end American technology, experts say the gap is closing.
The French military is larger and arguably more capable than its traditional British rival.
Italy is stronger than Germany in every area, from aircraft and land forces to sea power.