Hyping the Threat from North Korea

10 August 2017 — Global Network

North Korea is sitting on a stockpile of minerals worth trillions

Nk us nukes
Embedded deep beneath the country’s mountainous zones are some 200 varieties of minerals, including gold, iron, copper, zinc, magnesite, limestone, tungsten, and graphite, Quartz reports.

Some of these stockpiles are among the largest in the world, and North Korea, a tiny and cash-strapped nation, frequently uses them to bring in additional revenue — no matter the laws against doing so.

The total value of these minerals lies somewhere between $6 trillion and $10 trillion.

But the country is too poor to create the infrastructure needed to export the minerals — at least in large enough quantities to make a dent in its overall wealth. Still reliant on China, South Korea, and Russia for its financial and energy needs, North Korea has only made small deals with neighboring countries.

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