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

Activists Targeted Again in Balochistan

The Baloch Yakjehti Committee (BYC) on Tuesday condemned the enforced disappearance of Baloch leader Ghani Baloch, blaming Pakistan’s Law Enforcement Agencies and Frontier Corps….reports Asian Lite News The Baloch Yakjehti Committee (BYC),

Islamabad-Ankara-Baku Axis Sharpens Against India

Both Turkey and Azerbaijan have openly expressed solidarity with Pakistan and backed Islamabad in its military standoff with India, this month….reports Asian Lite News The evolving alliance between Islamabad, Ankara, and Baku

India Targets Pak Terror Ties in Guyana

The delegation met the Guyanese President, Mohamed Irfaan Ali, who had hosted a dinner to celebrate friendship and shared aspirations between the two nations…reports Asian Lite News Congress leader Shashi Tharoor, currently

EU Vows US Trade Deal

European Commission President Ursula von der Leyen phoned Trump on Sunday, after which he agreed to postpone the planned tariff increase until July 9….reports Asian Lite News The European Commission remains “fully

ASEAN Unveils 2045 Vision

ASEAN leaders formally adopted the ACV 2045 and its strategic plans across four pillars: political-security, economic, socio-cultural, and connectivity…reports Asian Lite News The Kuala Lumpur Declaration on ASEAN 2045 — a strategic
Go toTop

Don't Miss

HRW Flags Human Rights Suppression in Afghanistan

According to a newly released report by Human Rights Watch,

No point in returning to China, I prefer India: Dalai Lama

This statement came in the backdrop of December 9 clash