[news] Nearly $1 Trillion in Afghan Mineral Deposits Discovered

14 06 2010

The mineral deposits are discovered by the US is worth nearly $1 Trillion and is the largest untapped mineral deposits in the world. This will surely transform Afghanistan’s economy tremendously.

Mineral deposits includes iron, copper, cobalt, gold and lithium – yes, the main ingredient that enable you to use your iPhone and laptops.

This discovery will surely bring around the attention of mineral mining giants out there, but with the US in Afghanistan right now, it bring us to wonder how much leverage US has on the mineral rights. But one thing is for sure, this new discovery will bring about an alternative lucrative economy to the people of Afghanistan other the poppy. That’s my take.

[ NYTimes ]




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