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U.S. Identifies Vast Mineral Riches in Afghanistan

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13 Aug 2014 00:45 #206773 by chairman
WASHINGTON — The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials.

The previously unknown deposits — including huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium — are so big and include so many minerals that are essential to modern industry that Afghanistan could eventually be transformed into one of the most important mining centers in the world, the United States officials believe.

An internal Pentagon memo, for example, states that Afghanistan could become the “Saudi Arabia of lithium,” a key raw material in the manufacture of batteries for laptops and BlackBerrys.

The vast scale of Afghanistan’s mineral wealth was discovered by a small team of Pentagon officials and American geologists. The Afghan government and President Hamid Karzai were recently briefed, American officials said.

While it could take many years to develop a mining industry, the potential is so great that officials and executives in the industry believe it could attract heavy investment even before mines are profitable, providing the possibility of jobs that could distract from generations of war.

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  • Livvy
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13 Aug 2014 00:53 #206775 by Livvy

Even if there isn't going to be a proper mining industry for years, the simple fact that this has been found is going to start providing jobs. After all, you've got to clear the ground, relocate people from areas where there's large deposits, build houses for these people, build houses for the future miners.

This could actually be the kick that Afghanistan needs.

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  • The Captain
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13 Aug 2014 08:07 #206796 by The Captain
there could be a fight for it and that would see it never gets  develop or is it all a ploy or propangada

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  • mapoui
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13 Aug 2014 08:29 #206797 by mapoui
Asia is moving..the BRICS etc.

the necessary development is for the Afghans to rid their country of Americans and regularise their politics according to what they want/decide is the best way to organise themselves

then for financing their development, they have their own currency they can print without debt for infrastructure development/BRICS bank.

if they going to allow american development models/american-western financing to prevail they are toast.  they might stop fighting now, cock up and take wood

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