LeadStory

CBS News

U.S. could soon turn to South Korea for a vital mineral

CBS News · Just In
CBS News
CBS News
Just In

Nestled deep in the mountains of South Korea, in a remote part of the country's east, is one of the world's largest deposits of tungsten, a critical mineral the U.S. desperately needs for its defense. As Anna Coren shows, a newly reopened mine in South Korea could soon fill that need.

Breakdown
  • U.S. lags behind China in critical minerals needed for technology and defense 11s
  • South Korea has one of the world's largest tungsten deposits 27s
  • Almonte Industries is reopening a major South Korean tungsten mine 1m 12s
  • The mine will produce 1.2 million tonnes of tungsten ore annually 2m 27s
  • This supply aims to meet U.S. national security needs for decades 2m 33s