Tag Archives: afghan economy

USGS Releases Resource Estimate for Afghanistan Rare Earth Prospect

The U.S. Geological Survey (USGS) estimates at least 1 million metric tonnes of rare earth element resources within the Khanneshin carbonatite in Helmand Province, Afghanistan. This estimate comes from a 2009-2011 USGS study funded by the Department of Defense’s Task Force for Business and Stability Operations (TFBSO).

The Khanneshin carbonatite contains a major potential source of light rare earth elements (LREE), such as lanthanum, cerium, and neodymium. The LREE prospects in the Khanneshin carbonatite are comparable in grade to world-class deposits like Mountain Pass, CA, and Bayan Obo in China, both of which primarily contain LREE. (more…)

Read More

Afghanistan’s Natural Wealth Evaluated at $1 Trillion

In Afghanistan, American geologists have discovered deposits of iron, copper, lithium, cobalt, and gold worth $1 trillion.  

Experts believe that these reserves may not only stop the poverty in one of the poorest countries in the world, but turn Afghanistan in a flourishing country and one of the largest centers of natural resources excavation.

(more…)

Read More