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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 39
    More: Interesting, North Koreans, rare earths, SRE Minerals Limited, natural resources, oxides, British Virgin Islands  
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3018 clicks; posted to Geek » on 21 Jan 2014 at 8:10 PM (26 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
View Voting Results: Smartest and Funniest

2014-01-21 08:28:02 PM
4 votes:

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 11:50:00 PM
3 votes:

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 05:56:47 PM
3 votes:

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


China will take that task on themselves, I think.
2014-01-22 01:44:14 PM
2 votes:

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 12:57:17 PM
2 votes:

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 09:49:07 AM
2 votes:

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 05:51:27 AM
2 votes:
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/
2014-01-21 10:04:12 PM
2 votes:
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 09:46:54 PM
2 votes:

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 08:29:16 PM
2 votes:
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 07:02:19 PM
2 votes:
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 06:36:29 PM
2 votes:
Just means NK has something of value they can sell to the Chinese to prop up their country.
2014-01-22 09:46:55 AM
1 votes:

haemaker: What about a slant drilling operation?


Take your racist shiat elsewhere.
2014-01-22 01:45:15 AM
1 votes:

Not for friggin' long!

2014-01-22 12:12:44 AM
1 votes:

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 12:02:40 AM
1 votes:
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 12:02:31 AM
1 votes:

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 12:00:56 AM
1 votes:

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.
2014-01-21 11:54:46 PM
1 votes:

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.
2014-01-21 11:31:21 PM
1 votes:
I thought this was already known.
2014-01-21 11:10:57 PM
1 votes:

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 10:51:19 PM
1 votes:

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.
2014-01-21 10:05:05 PM
1 votes:
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 10:00:31 PM
1 votes:
Yeah right.
2014-01-21 09:59:05 PM
1 votes:

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 09:44:02 PM
1 votes:
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 09:18:08 PM
1 votes:

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


FTFY
2014-01-21 08:51:46 PM
1 votes:

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 08:47:57 PM
1 votes:

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 08:44:39 PM
1 votes:

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 08:39:10 PM
1 votes:
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 08:34:50 PM
1 votes:

haemaker: What about a slant drilling operation?


Eye see what you did there.
2014-01-21 08:29:38 PM
1 votes:
What about a slant drilling operation?
2014-01-21 08:25:57 PM
1 votes:

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 08:25:21 PM
1 votes:

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 07:09:20 PM
1 votes:

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 06:34:41 PM
1 votes:

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 06:06:36 PM
1 votes:

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 05:52:50 PM
1 votes:
That's it, let's invade.
 
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