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Chinese companies begin search for lithium in Afghanistan

Battlion25

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Chinese companies begin search for lithium in Afghanistan
Officials of 5 Chinese companies holding on-site visits for metal crucial for batteries

Riyaz ul Khaliq |25.11.2021



ISTANBUL

Representatives of five Chinese companies have arrived in Afghanistan on special visa to explore lithium resources in the war-torn country estimated to be worth $1 trillion, Chinese state media reported.

The officials are conducting on-site visits to explore extraction of the metal which is a critical but scarce resource used in batteries and other technologies considered crucial to tackle the climate crisis, according to Global Times.

Exploration of the minerals, however, come with risks as the interim government in Afghanistan tries to consolidate power.

Yu Minghui, Chinese director of the China-Arab Economic and Trade Promotion Committee, said special visas were made available after coordination with Afghanistan’s Mining Ministry.

According to Yu, the officials of the Chinese companies were “concerned about basic guarantees of security and social order in Afghanistan.”

“Some believe friendly relations between China and Afghanistan… are conducive to Chinese companies' operations,” Yu said.

China has been a major backer of the Taliban-led interim government in Afghanistan after US forces exited in August and has since proven to the biggest contributor in humanitarian aid.

 

Shotgunner51

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five Chinese companies
Good news bro! I believe among the five companies are inudustry behemoths like Ganfeng Lithium, Tianqi Lithium and perhaps Tsingshan Holding Group as well. These companies dominate the global supply chain for most of the production and/or processing of lithium, however resources are extracted from across a string of countries e.g. Argentina, Chile, Ireland, Australia, Mexico while neighbouring Afghanistan is still an untapped virgin territory.

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Now with the US troops withdrawal and new regime coming to power in Afghanistan, exploration of this perhaps the world's largest lithium reserve ever is feasible. This is likely another Sino-US cooperation after the Congo cobalt case, or just coincidence, either way the outcomes are most welcomed.

 
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Battlion25

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Good news bro! I believe among the five companies are inudustry behemoths like Ganfeng Lithium, Tianqi Lithium and perhaps Tsingshan Holding Group as well. These companies dominate the global supply chain for most of the production and/or processing of lithium, however resources are extracted from across a string of countries e.g. Argentina, Chile, Ireland, Australia, Mexico while neighbouring Afghanistan is still an untapped virgin territory.

View attachment 796819

Now with the US troops withdrawal and new regime coming to power in Afghanistan, exploration of this perhaps the world's largest lithium reserve ever is feasible. This is likely another Sino-US cooperation after the Congo cobalt case, or just coincidence, either way the outcomes are most welcomed.

Biden family tied to this Lithium deal?

It is great to begin because they are valuable for the future car industry and perhaps Afghanistan can turn around it's fortunes and become another gulf state like story via lithium the splid over would be also great for Pakistan in the long run
 

Shotgunner51

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Biden family tied to this Lithium deal?

It is great to begin because they are valuable for the future car industry and perhaps Afghanistan can turn around it's fortunes and become another gulf state like story via lithium the splid over would be also great for Pakistan in the long run
Yes EV will experience global boom in coming years, and lithium is the "new oil" so to speak. A prosperous Afghanistan is yet to be a huge challenge, but once realized it's gonna benefit the whole regional economy Pakistan included. China is ready with lithium extraction/processing tech, industrial capital and whole supply chain, it's upto the new Kabul regime to make things happen.
 

MultaniGuy

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Yes EV will experience global boom in coming years, and lithium is the "new oil" so to speak. A prosperous Afghanistan is yet to be a huge challenge, but once realized it's gonna benefit the whole regional economy Pakistan included. China is ready with lithium extraction/processing tech, industrial capital and whole supply chain, it's upto the new Kabul regime to make things happen.
I hope the Afghan Taliban choose Chinese companies over the Western companies.
 

Shotgunner51

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I hope the Afghan Taliban choose Chinese companies over the Western companies.
Don't worry bro, Chinese companies have best extraction tech, largest processing capabilities and already control 70% of world lithium reserve from Argentina & Australia (Ganfeng Lithium) to Chile (Tianqi Lithium), winning support from Afghan Taliban is expected.

 

MultaniGuy

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Don't worry bro, Chinese companies have best extraction tech, largest processing capabilities and already control 70% of world lithium reserve from Argentina & Australia (Ganfeng Lithium) to Chile (Tianqi Lithium), winning support from Afghan Taliban is expected.

The Western crusaders are imperialistic obviously.
Thats why we prefer to work with the Chinese.
Don't worry bro, Chinese companies have best extraction tech, largest processing capabilities and already control 70% of world lithium reserve from Argentina & Australia (Ganfeng Lithium) to Chile (Tianqi Lithium), winning support from Afghan Taliban is expected.

I think in the Middle East China's Sinopec should win the oil contracts in Iraq and other oil rich countries.
People in Middle East see China as a huge power now.
 

Shotgunner51

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Where there’s honey bees will be there! The USA is no exception…..
LOL ain't that true!

However US is just a small player in the game. In recent years China has surpassed Japan and SK, which were leaders for much of the previous decade, and now dominates the global supply chain by controlling 80% of the world’s raw material refining, 77% of the world’s cell capacity and 60% of the world’s component manufacturing.

Even from pure tech or business POV, Afghans have good reasons to exclusively invite Chinese companies.

 
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