Critical Metals

North Korea Rivals China For Tungsten Deposits

Critical Metals

RT.com reported North Korea is sitting on around 200 different minerals, including a large number of rare earth metals, like tungsten.

RT.com reported North Korea is sitting on around 200 different minerals, including a large number of rare earth metals, like tungsten. As quoted in the market news:

North Korea’s is set to have the world’s second-largest magnesite reserves, and its tungsten deposits are almost the world’s sixth-largest. The country also holds sizeable deposits of coal, iron ore, gold, zinc, copper, limestone, molybdenum, and graphite. About 40% of the 138 Chinese companies registered as doing business in North Korea in 2010, are engaged in extracting minerals, according to the U.S. Korea Institute at Johns Hopkins University.

Click here to read the full RT.com report.

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