North korea
North korea
North Korea is important to the country's economy. North Korea is naturally abundant in metals such magnesite, zinc, tungsten, and iron; with magnesite resources of 6 billion tonnes (second largest in the world), particularly in the Hamgyeong-do and Jagang-do provinces. However, often these cannot be mined due to the acute shortage of electricity in the country, as well as the lack of proper tools to mine these materials and an antiquated industrial base.[1] Coal, iron ore, limestone, and magnesite deposits are larger than other mineral commodities. Mining joint ventures with other countries include China, Canada, Egypt, and South Korea. China is North Korea's leading trade partner for minerals (twenty mining projects reported), followed by South Korea and Brazil.[2]
