Biz Brief: Afghanistan Harbors $1 Trillion in Mineral Wealth
The wide-ranging implications for such a discovery of mineral riches that include copper, iron and coboalt among others are immediately apparent. And they could easily prove to be a game-changing revelation in the dicey strategy the U.S. has been trying to pursue in Afghanistan is it battles both the Taliban and the corruption that it sees undermining popular support for the government of President Hamid Karzai. The discoveries are also sure to affect the allied military operations that have proven to be grindingly slow in making progress.
In addition to iron and copper, the Times reports that "Other finds include large deposits of niobium, a soft metal used in producing superconducting steel, rare earth elements and large gold deposits in Pashtun areas of southern Afghanistan." The already high stakes in Afghanistan have just gotten stratospheric.