Mineral Potential of South Korea

The peninsula is roughly 700 miles long and 180 miles wide. The southern portion is the American-sponsored Republic of Korea and the northern half is the Soviet-promulgated People's Democratic Republic of Korea. The area of South Korea is almost 40,000 sq miles, about the size of the state of Maine, and contains a population estimated at 22.5 million. Prior to annexation by Japan in 1910, the Korean economy was based on a system of self-sufficient farming units, but with Japanese occupation it was geared to Japanese economy. Emphasis was placed on supplying raw materials for Japanese industry and food surpluses to help feed Japan, and on providing a connecting link with Manchuria, traditionally a major raw material source for Japan. Small metal refineries, ore processing, and semi-finished goods manufacturing units grew into existence in the northern part of Korea, where much of the electric power is generated. Under Japanese domination, the south remained essentially agricultural. Food productivity was increased, although manufacture of elementary consumer goods was stimulated for Japanese markets.