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Tuesday, June 15, 2010

US discovers stunning mineral wealth in Afghanistan: report

US geologists have discovered nearly one trillion dollars' worth of untapped mineral deposits in Afghanistan, including vast reserves of copper and lithium, the New York Times reported Monday.

The deposits, which also include huge veins of iron, gold, niobium and cobalt, are enough to turn the battle-scarred country into one of the world's leading mining exporters, senior US government officials told the Times.

Afghanistan's potential lithium deposits as large of those of Bolivia, which currently has the world's largest known lithium reserves, the Times said.

Lithium is a key mineral used in rechargeable batteries, as well as everything from cell phones and laptops to electric cars.

Afghanistan has so much of it that it could become the "Saudi Arabia of lithium," according to an internal Pentagon memo quoted by the newspaper.

The iron and copper deposits are large enough to make Afghanistan one of the world's top producers, US officials said.

"There is stunning potential here," General David Petraeus, head of the US Central Command, told the newspaper. "There are a lot of ifs, of course, but I think potentially it is hugely significant."

"This will become the backbone of the Afghan economy," Jalil Jumriany, an adviser to the Afghan minister of mines, told the Times.

A small team of US geologists and Pentagon officials uncovered the mineral wealth with help from charts and data collected by Soviet mining experts during the Soviet Union's occupation of Afghanistan in the 1980s.

Afghan geologists took the charts home to protect them during the chaos that followed the Soviet withdrawal, and produced them again in 2001 with the fall of the Taliban, the Times said.

"There were maps, but the development did not take place, because you had 30 to 35 years of war," Ahmad Hujabre, an Afghan engineer who worked for the Ministry of Mines in the 1970s, told the Times.

President Hamid Karzai was recently briefed on the finding, US officials told the newspaper.

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