June 14th, 2010
01:15 PM ET

Report: $1 trillion in untapped minerals found in Afghanistan

Geologists working with the Pentagon have found vast reserves of untapped minerals in Afghanistan that could be worth $1 trillion, the New York Times reports.

U.S. government officials told the Times the discovery could be enough to drastically alter the economy in the war-torn country and perhaps the actual war itself. The Times cites an internal Pentagon memo, which says the country could become the "Saudi Arabia of lithium."

Read more on the report

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Filed under: Daily Developments • Understanding Afghanistan
soundoff (12 Responses)
  1. Yahliah

    Avatar on earth!!!!!!! Greedy Greedy

    June 25, 2010 at 12:24 am | Report abuse |
  2. Sinecure

    Let's get KBR/Halliburton on this and get moving to rebuild that country or else the Chinese will move in and be selling the stuff to us.

    June 18, 2010 at 2:38 pm | Report abuse |
  3. Smith in Oregon

    This data was found and detailed some 6 years ago. And it was a natural but more extensive geological study begun by Russian engineers in the 1980's. So why release this now? Has Chile whom is setting on most of the world's supply of Lithium, signed large lease and mineral rights agreements with China? China has been very active in signing mineral leases and securing mineral rights for China which America has entirely neglected and will severely pay for in the near future. Already China is beginning to reign in exports of its rare earth elements which a good many US Military weapons need to even be built, maintained and function. Entirely lacking rare earth elements would cripple the US Military and Defense Contractors ability's to develop new and more lethal weapon systems. Now China is largely holding the strings on allowing that or preventing that from happening. Sure, there are small deposits of rare earth elements in America but they are small and low grade. What is America waiting for, precious and rare minerals and elements are going to be not only scarce in the future, they'll be sold for outrageous prices to those that require them.

    Again, what happened in Chile where the world's Lithium deposits are located?

    Why is this 2004-2006 data released now in 2010, to convince American's to stay in that crusty country?

    I recall when Dick Cheney 'floated' the Iraq War would cost 50 Billion and Iraq's Oil field leases could be used to help offset the taxpayer dollars spent! Over 1 Trillion American taxpayer dollars were spent, many American lives lost and China bought most of the Oil leases when they came up for bidding at pennys on the dollar prices. As usual American taxpayers living on Main Street, USA paid for these Wars with their money and lives and got less than nothing in return.

    June 15, 2010 at 4:47 am | Report abuse |
  4. patrick

    The true reason the Americans are in Afganistan. What America wants America will go and get even if it meas the slaughter of hundreds of thousands of innocent civilian and hundreds of deaths of American troops.

    June 15, 2010 at 3:53 am | Report abuse |
  5. Trey Jones

    We will never be out of Afghanistan now. Its a sad day because you know now that we will turn this into some reason to remain there. This is not a new find the Soviets have know about it for years.

    June 14, 2010 at 9:51 pm | Report abuse |
    • Afghan Empire

      Hey Mann, it doesnt matter we will help each other this is our joint responsibiltiy. Using such bad words will never damage the reall friendship of the two nations. From historical perspective Afghanistan wasnt invaded and never be, but you need to understand that the friendship of both nations stands on nationwide support not on few faces. We are here to help you and you are here to help us. (In case of invasion the answer is clear) but as a reminder please count the days and nights and even the seconds for falling your simple impire.
      Afghan Emperor

      June 15, 2010 at 6:52 am | Report abuse |
  6. Ana

    lol sure........they just found it..

    June 14, 2010 at 8:48 pm | Report abuse |
  7. a

    An excellent model for developing these resources is the format implemented by the Canadian government when they began to mine their diamonds. For the most part, it has been a fair and feaseable way of supporting the indigenous population and perserving the environment. A joint venture between Canadian technology and engineering and American funds and security as U.S forces are already present and Afghanistan work force and willingness to cooperate could produce a beneficial outcome for Afghanistan and the region.

    June 14, 2010 at 5:34 pm | Report abuse |
  8. damiao

    http://www.englishtips-self-taught.blogspot.com help to spread this idea overseas....

    June 14, 2010 at 5:06 pm | Report abuse |
  9. Riza Haider

    Afghanistan will be small USA🙂
    Afghanistan will be a rich/modern country after few years, as far as i know, Rome wasn't made in 1 month. so it will take for AFG to rebuild it.
    USA = United state of Afghanistan, a rich/modern country, only after 9-10 years.

    June 14, 2010 at 2:23 pm | Report abuse |
    • timbo123

      It will end up currupted as like everything else in this world.
      http://www.myspace.com/timothysimpson

      June 15, 2010 at 10:04 am | Report abuse |
      • Riza Haider

        Don't compare a country with other countries.
        Time will tell😉

        I am confident AFG will have a bright future. won't be after 1-2 year but definitely will be after 9-10 years.

        June 15, 2010 at 1:20 pm | Report abuse |