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

Von der Leyen Faces Twin No-Confidence Votes

The two bids have one common thread which is criticism over the European Union-US trade deal and the disfavourable terms it has placed on European exporters….reports Asian Lite News European Commission President

India-EU Trade Talks Resume

The proposed India-EU FTA covers 23 policy areas, or chapters, of which at least two – market access and rules of origin – have yet to be resolved….reports Asian Lite News India

India Launches Relief Ops in Bhutan

The Royal Government of Bhutan has expressed sincere gratitude to the Indian Army…reports Asian Lite News Amid unprecedented floods caused by a low-pressure system over the Bay of Bengal, relentless rainfall has
Go toTop

Don't Miss

Bush calls US pull out from Afghanistan ‘a mistake’

The former US President’s comment comes amid a surge in

Can India break China’s monopoly on rare earth mining?

A few countries such as Germany have started to take