Click Here!Click Here!
Home / Spotlight / Rare Earth: Afghanistan Sits on $1 Trillion in Minerals
Rare Earth: Afghanistan Sits on $1 Trillion in Minerals

Rare Earth: Afghanistan Sits on $1 Trillion in Minerals

Despite being one of a lowest nations in a world, Afghanistan might be sitting on one of a richest troves of minerals in a world, valued during scarcely $1 trillion, scientists say.

Afghanistan, a nation scarcely a distance of Texas, is installed with minerals deposited by a aroused collision of a Indian subcontinent with Asia. The U.S. Geological Survey began inspecting what vegetable resources Afghanistan had after U.S.-led army gathering a Taliban from energy in a nation in 2004.

In 2006, U.S. researchers flew airborne missions to control magnetic, sobriety and hyperspectral surveys over Afghanistan. [Infographic: Facts About Rare Earth Minerals]

Image: Rare earth mineralsPeggy Greb / USDA

The aerial surveys dynamic that Afghanistan might reason 60 million tons of copper, 2.2 billion tons of iron ore, 1.4 million tons of singular earth elements such as lanthanum, cerium and neodymium, and lodes of aluminum, gold, silver, zinc, mercury and lithium. For instance, a Khanneshin carbonatite deposition in Afghanistan’s Helmand range is valued during $89 billion, full as it is with rare earth elements.

“Afghanistan is a nation that is very, really abounding in vegetable resources,” geologist Jack Medlin, module manager of a USGS Afghanistan project, told LiveScience. The scientists’ work was minute in a Aug. 15 emanate of a biography Science.

In 2010, a USGS information captivated a courtesy of a U.S. Department of Defense’s Task Force for Business and Stability Operations, that is entrusted with rebuilding Afghanistan. The charge force valued Afghanistan’s vegetable resources during $908 billion, while a Afghan government’s guess is $3 trillion. [Gold Quiz: How Much Do You Know About Gold Mining?]

Over a past 4 years, USGS and TFBSO have embarked on dozens of excursions to endorse a aerial findings, ensuing in what are radically value maps for mining companies.

The Afghan supervision has already sealed a 30-year, $3 billion agreement with a China Metallurgical Group, a state-owned mining craving formed in Beijing, to feat a Mes Aynak copper deposit, and awarded mining rights for a country’s biggest iron deposition to a organisation of Indian state-run and private companies. [Is China Mining a Rare Earth Monopoly? Op-Ed]

— Charles Q. Choi, LiveScience

This is a precipitated chronicle of a news from LiveScience. Read a full report. Follow LiveScience on Twitter, Facebook and Google+.

About admin

Scroll To Top