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$1 Trillion Motherlode of Lithium and Gold Discovered in Afghanistan
2014-06-01
A recently unearthed 2007 United States Geological Service survey appears to have discovered nearly $1 trillion in mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself.

The previously unknown deposits -- including huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium -- are so big and include so many minerals that are essential to modern industry that Afghanistan could eventually be transformed into one of the most important mining centers in the world. An internal Pentagon memo, for example, states that Afghanistan could become the "Saudi Arabia of lithium," a key raw material in the manufacture of batteries for laptops and BlackBerrys.
More in the article.
Posted by:Squinty

#7  Maybe the lithium will do 'em some good. All those guys over there seem a little whack to me.
Posted by: SteveS   2014-06-01 20:01  

#6  This will have profound effect on the dollar, drive up gold, cause early peak oil, colder winters, hotter summers, lazy teenagers and newspapers in the ditch. And a bad year for the Cubs.

Posted by: Shipman   2014-06-01 18:14  

#5  Hmm. Maybe Obean should have been a bit more graceful about pulling out.
Posted by: gorb   2014-06-01 17:10  

#4  Either the fix is in for the Chinese to hit the jackpot in Afghanistan...can't have the US doing any nasty old manufacturing what with our lovely environmentally friendly service based economy.

Or maybe George Soros could get on the phone and the empty suit and slow joe could find the resources to ramp up our involvement in Afghanistan instead. Georgie LOVES commodity trading and THAT looks like a lot of commodity to trade.
Posted by: Bill Clinton   2014-06-01 16:41  

#3  Afghanistan has a means to climb out of a dark hellhole of ignorance and poverty with their own resources They have always had the means, but up until now they prefer more Islam. Why should they change now?
Posted by: Anguper Hupomosing9418    2014-06-01 14:38  

#2   With O pulling totally out of Afghanistan, you have to wonder what will happen now. China benefits and most definitely wants to exploit theses resources and may even have put pressure on US since they now own us and can dictate policy. China is also taking over Africa. Our foreign policy is scaring me and we have significant investment in the Hellhole. How they handle mineral rights as should be closely watched, building infrastructure and aiding the people. Afghanistan has a means to climb out of a dark hellhole of ignorance and poverty with their own resources & an alternative to poppies if corruption could be checked but that isn't likely. Thanks for posting.
Posted by: Flaiger Uneamp8181   2014-06-01 14:16  

#1  As long as Afghanistan is one of the most world important terrorism centers, little good is likely to come of this (if true).
Maybe China will build a railroad over their common border.
Posted by: Anguper Hupomosing9418    2014-06-01 11:18  

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