Monday, June 14, 2010

Stunning Rich Mineral Potential in Afghanistan

Wow. Huge veins of iron, copper, cobalt, gold, lithium. Great news:

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.

The vast scale of Afghanistan’s mineral wealth was discovered by a small team of Pentagon officials and American geologists. The Afghan government and President Hamid Karzai were recently briefed, American officials said.

While it could take many years to develop a mining industry, the potential is so great that officials and executives in the industry believe it could attract heavy investment even before mines are profitable, providing the possibility of jobs that could distract from generations of war.

“There is stunning potential here,” Gen. David H. Petraeus, commander of the United States Central Command, said in an interview on Saturday. “There are a lot of ifs, of course, but I think potentially it is hugely significant.”

Winning hearts and minds and bearing the fruits of entrepreneurial capitalism and freedom. Based on old Russian charts. Heh:) Eat your heart out Bad Vlad.

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