Why Is Afghanistan Part of the Great Extractives Race?


Jan 8, 2025 | Mercena Hunter and Paddy Ginn
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Afghanistan’s mineral resources harbour great untapped potential. The country sits on an estimated 2.2 billion tonnes of iron ore, 60 million tonnes of copper, 183 million tonnes of aluminium, and vast reserves of rare earth elements such as lanthanum, cerium and neodymium. In a world where access to these minerals is a matter of national security, there is a geopolitical race to secure control of critical mineral supply chains. While China currently leads, the US, EU, and others are seeking to establish and secure independent mineral supply chains.

 

Afghanistan is one of the theatres in which this race is being played out. The country’s resources are not just a matter of foreign economic interest – they are a potential for domestic economic development and growth. But they can also become a source for conflict and repression, depending on whether they are managed with the long-term welfare of the Afghan people in mind. The mining sector in Afghanistan is controlled by the Taliban, and it is unclear where the revenues end up.