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Afghanistan Invites India to Participate in $1 Trillion Mining Sector

metals_minerals

Industry Segment: Metals & Minerals | Word Count: 792 Words

BANGALORE, INDIA--June 18, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--According to the recently presented geological reports from the U.S. Pentagon, large mineral deposits in war-ravaged Afghanistan could transform the country into the El Dorado of South-Central Asia. General David Petraeus, the head of U.S. Central Command, has indicated that Afghanistan's unexplored mining potential is worth nearly $1 trillion. Petraeus said that Afghanistan's rich deposits of gold, copper, iron ore, cobalt, lithium and coal have the potential to turn the war-stricken country into a global mining hub. However, the country's rough terrain, unstable political climate and Taliban insurgency could pose major hurdles to development.


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