China / North Korea to Strike Rare Earth Deal
Last week, the Chinese Vice Minister of Commerce issued a statement calling for more North Korean investment. It is believed China is aiming to bolster its rare earth monopoly by helping North Korea develop its mining industry, Business Insider reports. North Korea is thought to sit on $6 trillion worth of minerals http://www.businessinsider.com/north-korea-is-thought-to-be-sitting-on-6-trillion-worth-of-rare-earth-metals-2012-8> , including a large amount of rare earth metals.
China / North Korea to Strike Rare Earth Deal was originally featured in The Daily Resource Hunter. Check out the newest Daily Resource Hunter research video “The Price of Gas Explained”.
Article Title originally appeared in the Daily Resource Hunter (www.dailyresourcehunter.com) At the Daily Resource Hunter our approach to research is different. With our boots on the ground, we travel the world looking for the most lucrative resource opportunities and deliver them to you in a daily email newsletter. For more information visit us at www.dailyresourcehunter.com)
2012-08-22 23:26:12
Source: http://dailyresourcehunter.com/china-north-korea-to-strike-rare-earth-deal/
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