If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(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  
•       •       •

3019 clicks; posted to Geek » on 21 Jan 2014 at 8:10 PM (48 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



84 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

First | « | 1 | 2 | » | Last | Show all
 
2014-01-21 11:06:18 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.


www.quickmeme.com

/'bombing marathons' is a bit off...but, well, here we are...
 
2014-01-21 11:10:57 PM  

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


I was thinking THIS.
Now the Chinese will demand ore or metals for food. Rather than .... nothing.
 
2014-01-21 11:15:40 PM  
Mr. Rodman, how would you like to play a nice game of solitaire?
 
2014-01-21 11:16:54 PM  
And these guys say "Get ready, 'cause here I come"


classic.motown.com
 
2014-01-21 11:30:14 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's dominance of the Rare Earth market isn't due so much to having mineral wealth but their complete disregard for environmental impacts related to extracting rare earths from their ore. The US has large supplies of RE's but due to regulations aimed at preventing mining companies from poisoning people and blighting large portions of the country they are very expensive to refine in the US. Occasionally China yanks the chain is supply and rare earth prices shoot up several hundred percent, and then US companies get into the action in a big way, but then China just floods the market again and western companies can't sell for much of a profit.
 
2014-01-21 11:31:21 PM  
I thought this was already known.
 
2014-01-21 11:33:59 PM  
Or they could be blowing smoke to get money out of investors.
 
2014-01-21 11:39:37 PM  
Now we'll invade
 
2014-01-21 11:40:16 PM  

entropic_existence: 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.


Honestly I think getting mauled by a lion would be far better than getting bit by a coral snake. At least the lion is likely to kill me quicker through asphyxiation.
 
2014-01-21 11:43:49 PM  

Plant Rights Activist: we are going to liberate the shiat out of them


stwww.geekexchange.com

NOT SO FAST! I think Dear Leader may get an upgrade.
 
2014-01-21 11:45:23 PM  

Infernalist: 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.


I don't think you understand how much earth and rock a properly motivated nork can move with just his bare hands.
 
2014-01-21 11:50:00 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.


It's a sad thing when being invaded by China would be considered an improvement, and yet it's the only hope the North Koreans have.
 
2014-01-21 11:51:14 PM  

haemaker: What about a slant drilling operation?


i1.ytimg.com
 
2014-01-21 11:51:52 PM  

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

Sure, bring her over.

[www.fearla.com image 160x120]


Damn you.  And damn me for not checking first.
 
2014-01-21 11:52:08 PM  
imagizer.imageshack.us
 
2014-01-21 11:54:46 PM  

tinyarena: [imagizer.imageshack.us image 640x388]


Marijuana is a casual crop there. It's not widely discussed, but there is a healthy market for the stuff and people do smoke it. Just don't expect your "tour guides" to point any locations out.
 
2014-01-22 12:00:56 AM  

Fano: Infernalist: 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.

I don't think you understand how much earth and rock a properly motivated nork can move with just his bare hands.


They need dynamite for blasting, electricity for a mill, fuel for heavy trucks, and the process plant for REE refining requires an army of highly specialized engineers to design and operate.

North Korea has none of that and never will.

But it doesn't matter because they also don't have a proven deposit. The article only really says some "private equity" company raised money for a 15,000m drill program. Even if they get success on one scout hole, and the company doesn't then just turn out to be a massive fraud using the drill result to bilk stupid investors, the NAV of any deposit in North Korea is $0.
 
2014-01-22 12:02:31 AM  

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


Lithium isn't an REE.
 
2014-01-22 12:02:40 AM  
Yeah, I don't think Anyone on the planet would mind if we liberated No Ko. China might get a little antsy, since the US has a bad habit of liberating a nation and setting up colonial shop, but I get the feeling they'd just be happy to have the nuke-happy toddler dealt with.
 
2014-01-22 12:12:44 AM  

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

Lithium isn't an REE.


It's much more economically viable for the United States to liberate the shiat out of Bolivia instead of Afghanistan for the lithium.
 
2014-01-22 12:52:03 AM  

fastbow: I prefer my scandium to be conflict-free, TYVM.


And my Tuesday bird free-range.
 
2014-01-22 01:45:15 AM  

Not for friggin' long!

 
2014-01-22 05:27:57 AM  

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


They got nukes it aint happening
 
2014-01-22 05:51:27 AM  
People really need to get over the fact that "Rare Earths" have the word "Rare" in the name, they are fairly plentiful, the main expense/issues involved tends to be separating them from each other:

http://www.forbes.com/sites/timworstall/2013/07/22/big-surprise-rare -e arths-arent-rare/
 
2014-01-22 09:46:55 AM  

haemaker: What about a slant drilling operation?


Take your racist shiat elsewhere.
 
2014-01-22 09:49:07 AM  

Oldiron_79: The One True TheDavid: That's it, let's invade.

They got nukes it aint happening


They have the type of nukes you have to build in situ.  The only country they can bomb is North Korea.
 
2014-01-22 10:15:21 AM  

vharshyde: Yeah, I don't think Anyone on the planet would mind if we liberated No Ko. China might get a little antsy, since the US has a bad habit of liberating a nation and setting up colonial shop, but I get the feeling they'd just be happy to have the nuke-happy toddler dealt with.


CHINA HAS NOT wanted a unified Korea on their border. ESP one with US troops.
OF course, this makes for pretty trivial solutions.

1) Create a HUGE DMZ on both sides of the border, say, 200 miles.
2) create a couple border crossings for trade and travel.
3) keep the US troops even further back, say where they are currently
4) profit massively
 
2014-01-22 10:17:46 AM  

Suckmaster Burstingfoam: They need dynamite for blasting, electricity for a mill, fuel for heavy trucks, and the process plant for REE refining requires an army of highly specialized engineers to design and operate.


yes no and sort of

1) dynamite for blasting
2) peasants to shovel ore onto train cars
3) train cars to china
4) mill and refine in china
 
2014-01-22 12:18:12 PM  
Should we expect to find " rare earths " just lying about all over the place?  That would kinda kill the  " rare " part.
 
2014-01-22 12:57:17 PM  

entropic_existence: 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.


Cobra could take over North Korea and it would be better for the people there.
 
2014-01-22 01:26:34 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.


They can also cut a deal with NK, allow China to set up "company towns" at mine sites. Chinese companies run the management, they hire locals as cheap labor, and NK gets a slice of the sales.

China gets what it wants, NK gets paid, and the US is left standing on the sidelines with its pud in its hand.
 
2014-01-22 01:44:14 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.


The world doesn't have the balls for that anymore. They BARELY had the balls for it at Nuremberg, quietly letting numerous Nazis vanish into the scientific, military and intelligence networks of the US, USSR, G.B, and West Germany.

Should Best Korea fall, the Chinese and Russians will do everything they can to prevent anyone from putting any of that regime's evils on the record because they will be implicated in too much of it.  I fully expect to China to sweep in and bulldoze the prison camps to hide evidence and they will do it under the pretext of securing their borders.
 
2014-01-22 02:20:55 PM  
Might be time for them to turn the lights on and join the world economy...
 
2014-01-22 02:24:32 PM  

LemSkroob: 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.



They can also cut a deal with NK, allow China to set up "company towns" at mine sites. Chinese companies run the management, they hire locals as cheap labor, and NK gets a slice of the sales.

China gets what it wants, NK gets paid, and the US is left standing on the sidelines with its pud in its hand.

"hire"


25.media.tumblr.com

 
Displayed 34 of 84 comments

First | « | 1 | 2 | » | Last | Show all

View Voting Results: Smartest and Funniest


This thread is closed to new comments.

Continue Farking
Submit a Link »
On Twitter





In Other Media


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.

Report