Back to power in Afghanistan after a 20-year absence, the Taliban had regained control of natural resources that the former minister of miners in the country had said it could be worth up to $ 3 trillion.
The estimate was made towards the end of the supercycle’s last commodity in 2010 and could be better value now, after the global economic recovery of Coronavirus shock sent prices for everything from copper to lithium which jumped this year.
Afghanistan is rich in resources such as copper, gas, oil, natural gas, uranium, bauxite, coal, iron ore, rare land, lithium, chromium, tin, zinc, gemstones, talc, sulfur, travertine, gypsum and marble.
Below is a solution to some of the main Afghan resources, which are estimated by the Ministry of Mining and Government M.S., as well as their potential monetary value for the Afghan economy that is hit by war if security challenges can be overcome.
Copper Reports 2019 by the Ministry of Mine and Afghan oil placing copper resources in the country nearly 30 million tons.
The Afghan Mining Sector Roadmap issued by the Ministry of the same year said there were 28.5 million tons of copper in the deposit of the undiscovered porphyry.
It will bring a total of almost 60 million tons, worth hundreds of billions of dollars at current prices because metal demand grows.
The China Metallurgical Corp.
Consortium (MCC) and Copper Jiangxi took a 30-year lease for the largest copper project in the country, Mes Aynak, in 2008.
This giant asset will still be developed but 11.08 million tons of copper.
MCC estimates that it applies will be worth more than $ 100 billion with the current London metal exchange price.
Other metals Report 2019 also said Afghanistan had more than 2.2 billion tons of raw material steel raw materials, worth more than $ 350 billion at the current market price.
Gold resources are much simpler with an estimate of 2,700 kg, worth almost $ 170 million, while the Afghan Ministry also said the base metal aluminum, tin, tin and zinc “is located in various regions of the country.” Lithium and Rare Earths Memo The US Department of Defense in 2010 reportedly described Afghanistan as “Saudi Arabia from Lithium https://www.reuters.com/Article/DusseGe65D02T,” which means it can be as important as the global metal battery supply as the Middle Eastern country is for crude oil.
Comparisons made at the time of lithium have been widely used in batteries for electronic devices but before it becomes clear how many lithiums are needed for electric vehicle batteries (EV) and world carbon low transitions.
A 2017/18 report of the Afghan geological survey record has spodumenene deposits, lithium-bearing minerals, but does not provide an estimated tonnage, while the 2019 Afghan report does not mention lithium at all.
However, the Ministry of Mines 2019’s report did say Afghanistan holds 1.4 million tons of mineral land rarely, a group of 17 elements valued for their application in consumer electronics, as well as in military equipment.
Oil and gas with Iran rich in hydrocarbons and Turkmenistan to the west, Afghan servants of around 1.6 billion barrels of crude oil, 16 trillion cubic feet of natural gas and 500 million barrels of other natural gas liquids.
According to the 2019 Afghan Report, which cites the joint A.-Afghanistan assessment, and implies a value of $ 107 billion for crude oil at the current market price.
“Most crude oils that have not been found are in the Afghan-Tajik basin and most natural gas that have not been found are in the Amu Darya basin,” the report said.
Gemstones Afghanistan has historically become the main source of lapis lazuli, a deep semi-precious stone that has been mined in the North Badakhshan province of the country for thousands of years, and other gemstones such as rubies and emeralds.
The best value lapis Lazuli can take up to $ 150 per rarat, according to the 2019 Afghan report, which is recorded, however, that the majority of gemstones mined in the country leave the country illegally, mostly to Peshawar in Pakistan, denying Afghan’s vital income.
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