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Halafi Mengedi
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Joined: 30 May 2010, 23:04

Wanna Know Why Kim Jong-Un Is Smiling? He's 'Sitting' on Trillions of Dollars

Post by Halafi Mengedi » 27 Feb 2020, 13:07

Key point: South Korea estimates the value of the mineral resources of its North Korean neighbor at $2,800 billion. In comparison, the GDP of South Korea was about 1,530,75 trillion in 2017.

When looking at contemporary geopolitics, often energy and related resource questions are key in the struggle for influence amongst world powers, as energy can drive or amplify underlying tensions. Today, the attractiveness of traditional oil exploration loses ground with the emergence of new energies and technologies, often produced by “Rare Earths” and the elements they contain.

The DPRK could have a high concentration of rare earth elements, but given that it is a reclusive country, it has not yet exploited these resources, which could upset the current global order. Just as the Cold War split the world along ideological lines, this new struggle for resources will create fissures between those who have access to rare metal resources and those who do not. Because entire industries are built on a few rare metals, disruptions to their supply can have profound global implications while providing some countries with tremendous leverage.



Erbium, Thulium, Cerium, Samarium, Lithium . . . these are some of the elements that under the “rare earth” label. Many of the technological advances that have been realized over the past several decades have elements derived from the seventeen elements of the periodic table.

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