US Military Discovers Vast Mineral Wealth in Afghanistan

"Saudi Arabia of Lithium"

General Patraeus has announced vast mineral wealth discovered in Afghanistan, including rich veins of Lithium -scarce and much in demand for high-tech batteries. Also found were gold and other rare earths, the value of the discovery was put at $1 trillion dollars...

A team of U.S. geologists and Pentagon officials has discovered vast mineral wealth in Afghanistan, conceivably enough to turn the scarred and impoverished country into one of the world's most lucrative mining centers, The New York Times reports.

"There is stunning potential here," Gen. David H. Petraeus, commander of the United States Central Command, told the paper in a report published Monday. "There are a lot of ifs, of course, but I think potentially it is hugely significant."

Americans discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, including iron, copper, cobalt, gold and critical industrial metals like lithium, according to the report. The Times quoted a Pentagon memo as saying Afghanistan could become the "Saudi Arabia of lithium," a key raw material in the manufacture of batteries for laptops and cell phones...

AP via Google News

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