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Metallurgical Corp of China (MCC), a Chinese mining corporation, will open an office in Kabul, Afghanistan’s capital, before the end of the month, local media reported on Saturday, citing officials.
Afghanistan has a large number of unexploited mines and natural resources, including lithium reserves and other significant materials.
Following the Taliban’s control of the war-torn country, China is eyeing roughly $1 trillion in undeveloped mineral reserves in Afghanistan.
Five Chinese businesses were granted special visas and arrived in Afghanistan in November last year to assess possible lithium operations on the ground.
According to Ariana News, Esmatullah Burhan, a spokeswoman for the Ministry of Mines and Petroleum, the Islamic Emirate of Afghanistan’s (IEA) leadership has reviewed the Mes Aynak copper project agreement and found no issues.
According to MCC estimates, the Mes Aynak site has 11.08 million tonnes of copper.
Meanwhile, according to Ariana News, Afghan authorities have stated that China is more interested in Afghanistan’s mining sector than any other country.
After invading Kabul in August 2021, the Taliban assumed control of Afghanistan, resulting in the collapse of the Ashraf Ghani-led government and huge evacuations.
The Russian and British empires fought over Afghanistan for most of the nineteenth century in what was known as the Great Game. The geopolitical struggle recognised Afghanistan’s strategic importance and capacity to affect South Asia.