Monday, June 14, 2010

$1 Trillion In Minerals Found In Afghanistan

http://news.slashdot.org/story/10/06/14/0652217/1-Trillion-In-Minerals-Found-In-Afghanistan
"American geologists working with the Pentagon have discovered deposits of iron, copper, cobalt, gold, and lithium of incredible bounty, amounting to nearly $1 trillion. In fact, the lithium deposits are so vast, an internal Pentagon memo has stated that Afghanistan could become the 'Saudi Arabia of lithium.' The wealth of the deposits completely flattens the current GDP of Afghanistan, estimated at about $12 billion. Mining would completely transform the economy of Afghanistan, which presently is propped up by the opium trade and foreign aid. However, it could take decades for extraction to reach its full potential due to the war, the lack of heavy industry in the country, and a corrupt national government."

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