Export push seeks to breathe new life into Korea's hollowed-out mining towns

The Korea Times - Oct 24, 2026

Deep in the rugged, forested mountains of Gangwon Province, the hollowed-out shafts of abandoned anthracite mines stand as quiet monuments to Korea’s industrial birth. During their mid-20th-century heyday, these bustling towns fueled the nation’s postwar economic miracle, powering domestic hearths and heavy manufacturing alike. But as Korea’s energy needs shifted toward oil and gas in the 1980s, the region entered a long, steep decline. While a handful of major mines remained operational into the 2020s, the last state-run mine officially closed its shafts in mid-2025 — leaving behind steep valleys marked by demographic collapse and crumbling local economies. Now, trade officials and local leaders are trying a new approach to revive these quiet valleys: connecting their remaining small businesses directly to overseas markets. Rather than relying solely on local tourism or government aid, a national trade showcase last week in Goyang, Gyeonggi Province, brought small-town entrepreneurs face-to-face with international buyers. At the center of the event was a targeted exhibition flo

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