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Thanks,

Can this be related?

SRE Minerals Limited http://www.sreminerals.com/ announces the results of exploration and studies in collaboration with the Korea Natural Resources Trading Corporation of the Democratic People’s Republic of Korea

SRE Minerals Limited (“SRE” or “the company”) announced today their joint venture agreement with the Korea Natural Resources Trading Corporation for rights to develop all rare-earth-element deposits at Jongju, North Pyongan Province.

The joint venture company known as Pacific Century Rare Earth Mineral Limited has the rights under the joint venture agreement which includes the exploration, mining, beneficiation and marketing of all REE deposits in the Jongju area for the next 25 years with a further renewal period of 25 years.

The 216 million tonne Jongju deposit, theoretically worth trillions of dollars, would more than double the current global known resource of REE oxides which according to the US Geological Survey is pegged at 110 million tonnes.

http://www.miningweekly.com/article/largest-known-rare-earth-mineral-deposit-discovered-2013-12-04

The JV company:
http://www.pcreml.com/

They need a lot of money as the mining infrastructure is non existant, and a stable environment! Was JSt involved in this?