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(The Diplomat)   Good news: scientists discover largest deposits of rare earths in world, accounting for two-thirds of global supply. Bad news: they're in North Korea   (thediplomat.com) divider line 84
    More: Interesting, North Koreans, rare earths, SRE Minerals Limited, natural resources, oxides, British Virgin Islands  
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3019 clicks; posted to Geek » on 21 Jan 2014 at 8:10 PM (33 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-01-21 05:52:50 PM
That's it, let's invade.
 
2014-01-21 05:56:47 PM

The One True TheDavid: That's it, let's invade.


China will take that task on themselves, I think.
 
2014-01-21 06:06:36 PM

ecmoRandomNumbers: The One True TheDavid: That's it, let's invade.

China will take that task on themselves, I think.


Talk about living in interesting times and coming to the attention of people in high places!  They can definitely expect to be liberated if that pans out.
 
2014-01-21 06:09:52 PM

The One True TheDavid: That's it, let's invade.


Get ready!
 
2014-01-21 06:24:33 PM

whither_apophis: The One True TheDavid: That's it, let's invade.

Get ready!


Let's roll!!
 
2014-01-21 06:34:41 PM

TwoHead: ecmoRandomNumbers: The One True TheDavid: That's it, let's invade.

China will take that task on themselves, I think.

Talk about living in interesting times and coming to the attention of people in high places!  They can definitely expect to be liberated if that pans out.


Oh yeah, they're gonna liberate the hell out of them.
 
2014-01-21 06:36:29 PM
Just means NK has something of value they can sell to the Chinese to prop up their country.
 
2014-01-21 06:57:48 PM
Bad news for North Koreans, I guess
 
2014-01-21 07:02:19 PM
Everyone was sick of the stalemate anyway.

In all seriousness, I hope the powers that be, whomever they be, come up with the least death-y resolution possible.  The common people of the DPRK have been through plenty already.
 
2014-01-21 07:09:20 PM

Prattle Assassin: Everyone was sick of the stalemate anyway.

In all seriousness, I hope the powers that be, whomever they be, come up with the least death-y resolution possible.  The common people of the DPRK have been through plenty already.


I think the DPRK leadership should go through Nuremberg-style trials and punishments when it does happen.
 
2014-01-21 07:14:17 PM
Moreover, environmental regulations and labor conditions would not be a factor in mining them in North Korea, as they are in many developed countries.

I guess I'm supposed to understand this as a good thing?
 
2014-01-21 07:44:55 PM

The One True TheDavid: That's it, let's invade.


No.  I think this calls for the Saudi Arabia treatment.  Send more ambassadors of basketball.
 
2014-01-21 08:17:15 PM
I prefer my scandium to be conflict-free, TYVM.
 
2014-01-21 08:21:31 PM

timujin: Bad news for North Koreans, I guess


That.  As if they needed any more.
 
2014-01-21 08:25:21 PM

Relatively Obscure: Moreover, environmental regulations and labor conditions would not be a factor in mining them in North Korea, as they are in many developed countries.

I guess I'm supposed to understand this as a good thing?


Yep! Slave labor is always good, especially when most of them die in horrible industrial accidents before they can develop the sicknesses related to poor working conditions, toxic runoff, and other industrial wastes.
 
2014-01-21 08:25:57 PM

ecmoRandomNumbers: Prattle Assassin: Everyone was sick of the stalemate anyway.

In all seriousness, I hope the powers that be, whomever they be, come up with the least death-y resolution possible.  The common people of the DPRK have been through plenty already.

I think the DPRK leadership should go through Nuremberg-style trials and punishments when it does happen.


Honestly I think a Chinese "liberation" and occupation of NK would be far better for the people of North Korea than their current system. China has some major problems on the human rights front, but honestly, probably not that much worse than some of our "allies" like Saudi Arabia.
 
2014-01-21 08:28:02 PM

ecmoRandomNumbers: The One True TheDavid: That's it, let's invade.

China will take that task on themselves, I think.


Well, China has a couple of options.

They can allow things to remain as they are. The minerals in NK won't be sold due to strict sanctions and China will remain the #1 supplier of rare earth metals in the world and spend no more than they currently are.

They can nod to America. America takes out NK, and America competes with China in REM production.

They can spend billions of their own Yuan "liberating" NK to control and develop the mines.

Which one would you choose if you were China? I'd go with the first option myself.
 
2014-01-21 08:29:16 PM
So much as I hate to rain on the "We're gonna invade" parade.

1) A war with China is not in our best interests at this time
2) China HAS de facto control using North Korean slave labor.
3) So no one will be invading anytime soon unless Chubby decides to nuke Tokyo because he's bored.

/Seriously, the only reason we haven't invaded (due to the nukes and the crazies and the continuous raids on WK and Japan.  Rare earths are nice to have.  Not having idiots selling nukes for cash is in our immediate interests) is because China really doesn't want us on the Yalu.
//On the off chance I ever get in a position of political power, "A Korean nuke is a Chinese nuke and shall be responded to accordingly."  NK is China's client state, so they're their problem.  And NK's crazy actions get treated as China's crazy actions.
 
2014-01-21 08:29:38 PM
What about a slant drilling operation?
 
2014-01-21 08:33:35 PM

ShawnDoc: Just means NK has something of value they can sell to the Chinese to prop up their country.


Exactly this , they will sell the mining rights to the chinese for the money they need to keep t he ruling class in the lap of luxury.
 
2014-01-21 08:34:50 PM

haemaker: What about a slant drilling operation?


Eye see what you did there.
 
2014-01-21 08:39:05 PM

cgraves67: ecmoRandomNumbers: The One True TheDavid: That's it, let's invade.

China will take that task on themselves, I think.

Well, China has a couple of options.

They can allow things to remain as they are. The minerals in NK won't be sold due to strict sanctions and China will remain the #1 supplier of rare earth metals in the world and spend no more than they currently are.

They can nod to America. America takes out NK, and America competes with China in REM production.

They can spend billions of their own Yuan "liberating" NK to control and develop the mines.

Which one would you choose if you were China? I'd go with the first option myself.


China plays a long game, money isn't really a thing worth much in that scope, human rights aren't exactly a high priority either.  Glass parking lot and plant a flag in the middle, call it a day.

/I am a ruthless Civ4 player, that's *exactly* how I'd do it there
 
2014-01-21 08:39:10 PM
Afghanistan has $1 Trillion worth of REE's as well, in particular they are referred to as the 'Saudi Arabia of Lithium'

http://www.american.com/archive/2013/august/afghanistans-rare-earth- el ement-bonanza
 
2014-01-21 08:44:39 PM

phimuskapsi: Afghanistan has $1 Trillion worth of REE's as well, in particular they are referred to as the 'Saudi Arabia of Lithium'

http://www.american.com/archive/2013/august/afghanistans-rare-earth- el ement-bonanza


Too bad it hasn't leached into the water. Mercury is more likely in the water, given the behavior of the locals.
 
2014-01-21 08:47:57 PM

ecmoRandomNumbers: Prattle Assassin: Everyone was sick of the stalemate anyway.

In all seriousness, I hope the powers that be, whomever they be, come up with the least death-y resolution possible.  The common people of the DPRK have been through plenty already.

I think the DPRK leadership should go through Nuremberg-style trials and punishments when it does happen.


THIS

/ we'll need a pretty thick rope for Kim Jong Un, however
 
2014-01-21 08:50:00 PM

haemaker: What about a slant drilling operation?


Sure, bring her over.
 
2014-01-21 08:51:46 PM

entropic_existence: Honestly I think a Chinese "liberation" and occupation of NK would be far better for the people of North Korea than their current system. China has some major problems on the human rights front, but honestly, probably not that much worse than some of our "allies" like Saudi Arabia.


Best Korea is so awful I'm not opposed to this "solution." At least the Chinese stopped starving to death.
 
2014-01-21 08:53:08 PM

The One True TheDavid: haemaker: What about a slant drilling operation?

Sure, bring her over.


www.fearla.com
 
2014-01-21 08:58:53 PM
Bad news for North Korea.  China will take them all.
 
2014-01-21 09:00:28 PM

The One True TheDavid: That's it, let's invade.


Agreed. Just claim WMDs or Al Qaeda or whatever. Worked for Bush.
 
2014-01-21 09:11:02 PM
I imagine mining that stuff his hard and dangerous work. If only there was a starving and desperate populace nearby to help work the mines.
 
2014-01-21 09:18:08 PM

The One True TheDavid: That's it, let's invade liberate.


FTFY
 
2014-01-21 09:26:18 PM
Maybe my three-year REMX investment will finally break even.
 
2014-01-21 09:26:36 PM

The One True TheDavid: haemaker: What about a slant drilling operation?

Sure, bring her over.


We are all going to hell just for reading that.
 
2014-01-21 09:30:12 PM

cgraves67: ecmoRandomNumbers: The One True TheDavid: That's it, let's invade.

China will take that task on themselves, I think.

Well, China has a couple of options.

They can allow things to remain as they are. The minerals in NK won't be sold due to strict sanctions and China will remain the #1 supplier of rare earth metals in the world and spend no more than they currently are.

They can nod to America. America takes out NK, and America competes with China in REM production.

They can spend billions of their own Yuan "liberating" NK to control and develop the mines.

Which one would you choose if you were China? I'd go with the first option myself.


Not this time.
China can't afford the loss of control if they hand the NK problem to the US.

This will be an internal Chinese affair and the US will cast a blind eye to the invasion.
Heck, we may even cede SK to a unified Chinese controlled Korean peninsula.

The Japanese will squeal and use that threat as a reason to build up their military.
Then we sell arms to Japan and the MIC rakes in the bucks.

Then we will all be 1 step closer to living Fallout.
 
2014-01-21 09:42:11 PM
we are going to liberate the shiat out of them
 
2014-01-21 09:44:02 PM
I want to think about this in positive terms. NK has this high-demand raw material that SK can directly put to use, to the profit of both. The NK government can use the income from supplying SK, to raise the standard of living for their own people and take all the credit they want for it, instead of hiding behind the hollow threat of nuclear-armed bartering for food. With better food and standards of living, the NK government could buy what they now have to hold by force; loyal citizens.  IT *could* have a stabilizing and mutually-beneficial effect on the entire region. If only people would let it. I am skeptical that it will work out this way. But it's nice to dream.
 
2014-01-21 09:46:54 PM

ecmoRandomNumbers: I think the DPRK leadership should go through Nuremberg-style trials and punishments when it does happen.


WEll, that's what the War Crimes Court at the Hague is for.
 
2014-01-21 09:48:31 PM

BumpInTheNight: cgraves67: ecmoRandomNumbers: The One True TheDavid: That's it, let's invade.

China will take that task on themselves, I think.

Well, China has a couple of options.

They can allow things to remain as they are. The minerals in NK won't be sold due to strict sanctions and China will remain the #1 supplier of rare earth metals in the world and spend no more than they currently are.

They can nod to America. America takes out NK, and America competes with China in REM production.

They can spend billions of their own Yuan "liberating" NK to control and develop the mines.

Which one would you choose if you were China? I'd go with the first option myself.

China plays a long game, money isn't really a thing worth much in that scope, human rights aren't exactly a high priority either.  Glass parking lot and plant a flag in the middle, call it a day.

/I am a ruthless Civ4 player, that's *exactly* how I'd do it there


I just try to get to Alpha Centauri first.
 
2014-01-21 09:56:17 PM
Whoever decides to invade will have to deal with that pesky Putin brokering peace deals.
 
2014-01-21 09:59:05 PM

Any Pie Left: I want to think about this in positive terms. NK has this high-demand raw material that SK can directly put to use, to the profit of both. The NK government can use the income from supplying SK, to raise the standard of living for their own people and take all the credit they want for it, instead of hiding behind the hollow threat of nuclear-armed bartering for food. With better food and standards of living, the NK government could buy what they now have to hold by force; loyal citizens.  IT *could* have a stabilizing and mutually-beneficial effect on the entire region. If only people would let it. I am skeptical that it will work out this way. But it's nice to dream.


That's the thing.
If we were dealing with a sane leader, it would play out this way.

NK's leadership has shown that sanity isn't something they have in great supply.

So now, you have the potential for an unstable leader to have the ability to put a boot on the throat of the region's economy.
Where before NK was a noisy nuisance, now they have the potential to be a power. That can't happen in a country with a God Emperor.
 
2014-01-21 10:00:31 PM
Yeah right.
 
2014-01-21 10:02:35 PM
I just want to celebrate.
 
2014-01-21 10:03:50 PM
Throw a couple bags of rice across the DMZ and let them fight until nobody is left.  Then send in Rodman.
 
2014-01-21 10:04:12 PM
This is really old news.  They've known this for a while now.

The problem is that to get 'at' these resources will take trillions of dollars in rebuilding and updating their infrastructure and NK can't do it.  China won't pay for it and China won't let anyone else pay for it.

So, until we see a massive shift in geo-politics, those REEs are going to keep sitting there, untapped.
 
2014-01-21 10:04:29 PM

ecmoRandomNumbers: The One True TheDavid: That's it, let's invade.

China will take that task on themselves, I think.


They already have.  We've known about these rare earths (or guessed with a high degree of confidence) in NK for a while.  The Chinese have the Kim regime by the balls economically, so they're basically able to steal the rare earths from NK in exchange for keeping the regime afloat.
 
2014-01-21 10:05:05 PM
If China tries to take over Best Korea for the rare-earth metals, I say let them.  The citizens of Best Korea would be better off as Chinese citizens than Best Korean citizens.  And more importantly, this doesn't start a war with the U.S. or shell Seoul.
 
2014-01-21 10:12:30 PM

BumpInTheNight: cgraves67: ecmoRandomNumbers: The One True TheDavid: That's it, let's invade.

China will take that task on themselves, I think.

Well, China has a couple of options.

They can allow things to remain as they are. The minerals in NK won't be sold due to strict sanctions and China will remain the #1 supplier of rare earth metals in the world and spend no more than they currently are.

They can nod to America. America takes out NK, and America competes with China in REM production.

They can spend billions of their own Yuan "liberating" NK to control and develop the mines.

Which one would you choose if you were China? I'd go with the first option myself.

China plays a long game, money isn't really a thing worth much in that scope, human rights aren't exactly a high priority either.  Glass parking lot and plant a flag in the middle, call it a day.

/I am a ruthless Civ4 player, that's *exactly* how I'd do it there


I'm sure they want another US outpost along their borders.
 
2014-01-21 10:31:18 PM
Nobody needs rare earths that badly anyway. That was played out years ago. Prices are back down.

This story probably backs up an OTC pump and dump or something. Who would ever invest in a company based in the Virgin Islands?
 
2014-01-21 10:51:19 PM

Barfmaker: TwoHead: ecmoRandomNumbers: The One True TheDavid: That's it, let's invade.

China will take that task on themselves, I think.

Talk about living in interesting times and coming to the attention of people in high places!  They can definitely expect to be liberated if that pans out.

Oh yeah, they're gonna liberate the hell out of them.


China is a friggin paradise compared to best Korea.
 
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