India to assess Afghanistan's ore deposits

[SpArK]

India to assess Afghanistan's ore deposits​

NEW DELHI, Jan. 25 (UPI) -- Afghanistan asked Indian companies to bid on extracting iron ore from Bamiyan province, though Indian sources said they need to figure out how to get it out.

Afghanistan is looking for Indian and Chinese investors to help develop mineral deposits in the country. U.S. defense officials estimated in 2010 that there could be as much as $1 trillion worth of iron, copper, cobalt, gold and lithium in Afghanistan.

The Indian government aims to make a consolidated bid for access to the ore deposits but will face difficulties in getting the ore out of the country if its efforts are successful.

In terms of Pakistan, bilateral ties are poor and security remains a concern along the volatile border with Afghanistan. India could ship the ore through Iran but Iranian relations with Kabul are sour and New Delhi and Tehran are engaged in a row over how to pay for Iranian crude oil imports.

Nevertheless, Afghan Minister of Mines Wahidullah Shahrani said his country's mineral deposits would be beneficial for the entire region.

"The development of (ore deposits in) Hajigak will involve major infrastructure improvements and will stimulate the local economy and improve and lives of the citizens of Bamiyan province and beyond," he was quoted as saying.



Read more: India to assess Afghanistan's ore deposits - UPI.com

 

[ajtr]

India cant extract ore from afghanistan unless it partners pakistan and get its nod.period.

 

[Paan Singh]

India cant extract ore from afghanistan unless it partners pakistan and get its nod.period.

ja india nahi karta partnership pakistan sey,jo karna hai kar le

 

[ajtr]

then india has to pack up its bag and run from afghanistan. Playing geopolitical game is not india's cup of tea.

 

[aristocrat]

LOlz last time i checked pak was the one getting bombed.

 

[Evil Flare]

India should Invest in Afghanistan mining sector .. It will provide jobs to Local & they always have the option to use chabahar port

 

[Capt.Popeye]

LOlz last time i checked pak was the one getting bombed.

Explosives are used widely in mining activities, nothing unusual about it.

 

[Capt.Popeye]

India should Invest in Afghanistan mining sector .. It will provide jobs to Local & they always have the option to use chabahar port

Finally, how this proposal will work out remains to be seen. Assessing the deposits and viability of recovery is only the first step in the exercise. The Chahbahar route will be an option to be exercised later, only when the mining begins. Some time to go.

 

[Salahadin]

ja india nahi karta partnership pakistan sey,jo karna hai kar le

Beta kahin na kahin tum ko Pakistan se samjohta to karna he pare ga lolll

 

[BlackDiamond]

wonderful news