As many industrial nations spin through their natural resources and precious raw minerals, North Korea could become a major World power overnight as they sit on top of what is needed by industry – PB/TK
North Korea is sitting on trillions of dollars of untapped wealth, and its neighbors want in – By Steve Mollman / June 16 2017
Few think of North Korea as being a prosperous nation. But it is rich in one regard: mineral resources.
Currently North Korea is alarming neighbors with its frequent missile tests, and the US with its attempts to field long-range nuclear missiles that can hit American cities. A sixth nuclear test could be imminent. An attack on the US or its allies would be suicidal, so Pyongyang probably aims to extract “aid” from the international community in exchange for dismantling some of its weaponry—rewind about 10 years to see the last time it pulled off the old “nuclear blackmail” trick.
But however much North Korea could extract from other nations that way, the result would pale in comparison to the value of its largely untapped underground resources.
Below the nation’s mostly mountainous surface are vast mineral reserves, including iron, gold, magnesite, zinc, copper, limestone, molybdenum, graphite, and more—all told about 200 kinds of minerals. Also present are large amounts of rare earth metals, which factories in nearby countries need to make smartphones and other high-tech products.
Continue to msn.com article: http://www.msn.com/en-us/money/markets/north-korea-is-sitting-on-trillions-of-dollars-of-untapped-wealth-and-its-neighbors-want-in/ar-BBCKxci?li=BBmkt5R&ocid=spartanntp
