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Afghanistan’s Embattled Helmand Region Holds Rare-Earth Elements
Sep. 14, 2011 04:18PM PST
Rare Earth Investing
Bloomberg reported that a US Geological Survey study showed the presence of rare earths in Afghanistan.
Bloomberg reported that a US Geological Survey study showed the presence of rare earths in Afghanistan.
The market news is quoted as saying:
A preliminary USGS resource assessment, published in 2007, estimated about 1.5 million metric tons of potential rare-earth element resources in all of southern Afghanistan. The estimate of about 1 million metric tons in just the Khanneshin carbonatite verifies the 2007 USGS prediction and confirms the unpublished work of Soviet scientists, the USGS said.