North Korea’s Mineral Lode
While oil has been the motivating factor for US-led wars in the Middle East, many are wondering what might be behind their belligerence towards Pyongyang. North Korea may not have oil, but the estimated value of their mineral deposits is a staggering $6 trillion, according to the South Korean government.
North Korea is sitting on world’s second-largest supply of rare earth metals, which are essential for modern electronics like laptops, smartphones, solar electricity panels and precision missiles. The US, along with their allies Japan, Taiwan and South Korea, three major producers of sophisticated electronics, are surely interested in this vital supply of natural resources.