March 19, 2022
1 min read

Chinese miner opens office in Kabul

China is eyeing nearly USD 1 trillion worth of untapped mineral deposits in Afghanistan after the Taliban takeover of the war-torn country….reports Asian Lite News

China’s mining company Metallurgical Corp of China (MCC) will open an office in Afghanistan’s capital Kabul by the end of this month, local media reported citing officials as saying on Saturday.

Afghanistan possesses a vast amount of intact mines and natural resources, including lithium reserves, as well as other valuable resources.

China is eyeing nearly USD 1 trillion worth of untapped mineral deposits in Afghanistan after the Taliban takeover of the war-torn country.

Five Chinese companies obtained special visas and arrived in Afghanistan last year in November to conduct on-site inspections of potential lithium projects.

Esmatullah Burhan, a spokesperson for the Ministry of Mines and Petroleum, said that the leadership of the Islamic Emirate of Afghanistan (IEA) has assessed the agreement on Mes Aynak copper project and has found no problems, Ariana News reproted.

Burhan said that mining at Mes Aynak in Logar province will begin soon.

Mes Aynak site holds 11.08 million tonnes of copper, according to MCC estimates.

Meanwhile, Afghan authorities said that China is interested in Afghanistan’s mining sector more than any other country, Ariana News reproted.

The Taliban took over Afghanistan after entering Kabul in August 2021, leading to the collapse of the Ashraf Ghani led government and mass evacuations.

For most of the 19th century, the Russian and British empires contended over Afghanistan in what was known as the Great Game. The geopolitical competition recognised the strategic position of Afghanistan, and its potential to influence South Asia. (ANI)

ALSO READ: India, Japan discuss nuke threats, South China Sea

Previous Story

Australia to grant temporary visas to Ukrainian refugees

Next Story

Boris draws flak for comparing Ukraine war to Brexit

Latest from -Top News

Beijing Targets Hong Kong Democracy

Latest annual UN report highlighted the growing and sophisticated trend of cross-border repression targeting human rights activists…reports Asian Lite News The United Nations, in its latest report on reprisals, revealed that two

Clearing A Mess in Gaza

Municipalities across Gaza have mobilized their limited resources to clear streets and set up temporary shelters for thousands of displaced families…reports Asian Lite News The conflict has left behind an estimated 55

Gaza, Malaysia to help Gaza Rebuild

Egyptian, Malaysian leaders discuss Gaza aid, reconstruction amid ceasefire…reports Asian Lite News Egyptian President Abdel Fattah al-Sisi and Malaysian Prime Minister Anwar Ibrahim spoke by phone about efforts to support Gaza’s reconstruction,

Netanyahu to Run Again in 2026

When asked whether he expects to win, Netanyahu said, “Yes.”…reports Asian Lite News Israeli Prime Minister Benjamin Netanyahu has confirmed his bid for re-election in the 2026 parliamentary polls. He made the

Lula Calls for Independent Latin America

The remarks came as Brazil and the United States began thawing relations following the tariffs of up to 50 per cent …reports Asian Lite News Brazilian President Luiz Inacio Lula da Silva
Go toTop

Don't Miss

Changes brought to CCP norms to strengthen Xi’s grip

The Central Politburo is now down to 24 members from

Opacity Surrounds China’s Expanding Nuclear Arsenal

The Pentagon suggests China’s expansion of missile silos and ICBMs