Metal Mining
North Korea is thought to have tremendous potential rare metal resources, which have been valued in excess of US$6 trillion by the South Korean national mining company. There is much investment from Chinese mining companies, with an estimated $500 million investment in the last 11 years. 41% of all Chinese companies trading in North Korea are involved in mining.
Read more about this topic: Mining In North Korea
Famous quotes containing the words metal and/or mining:
“There is a lot of talk now about metal detectors and gun control. Both are good things. But they are no more a solution than forks and spoons are a solution to world hunger.”
—Anna Quindlen (b. 1953)
“For every nineteenth-century middle-class family that protected its wife and child within the family circle, there was an Irish or a German girl scrubbing floors in that home, a Welsh boy mining coal to keep the home-baked goodies warm, a black girl doing the family laundry, a black mother and child picking cotton to be made into clothes for the family, and a Jewish or an Italian daughter in a sweatshop making “ladies” dresses or artificial flowers for the family to purchase.”
—Stephanie Coontz (20th century)