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Afghanistan Could Hold Up to 1.4 Million Tons of Rare Earth Elements
Sep. 05, 2014 03:24PM PST
Rare Earth Investing
NBC reported that Afghanistan could be sitting on top of roughly $1 trillion in minerals, according to a 2006 aerial survey by U.S. Researchers.
NBC reported that Afghanistan could be sitting on top of roughly $1 trillion in minerals, according to a 2006 aerial survey by U.S. Researchers.
As quoted in the publication:
The aerial surveys determined that Afghanistan may hold 60 million tons of copper, 2.2 billion tons of iron ore, 1.4 million tons of rare earth elements such as lanthanum, cerium and neodymium, and lodes of aluminum, gold, silver, zinc, mercury and lithium. For instance, the Khanneshin carbonatite deposit in Afghanistan’s Helmand province is valued at $89 billion, full as it is with rare earth elements.