Afghanistan: Fortescue Opens Talks with Afghanistan on Nation’s Mining Riches

Aug 20, 2020 | Eltaf Najafizada and David Stringer, Bloomberg
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Fortescue Metals Group Ltd. has held talks with Afghanistan’s President Ashraf Ghani on potential mining sector opportunities in the nation, which has struggled to accelerate development of an estimated $1 trillion worth of minerals deposits. Ghani and the company’s chairman Andrew Forrest held an Aug. 6 video conference over potential investment in iron ore and copper resources, and the billionaire miner is scheduled to visit Kabul in October for further talks, according to Qadeer Khan Mutfi, a spokesman for Afghanistan’s Ministry of Mines and Petroleum.