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Analysis on the development of mineral resources in Afghanistan in 2022

Writer: Hengfeng you electric Time:2022-05-20 views:times

    Afghanistan is rich in mineral resources, including copper, iron, sulfur, aluminum, lithium, rare earth and other minerals. The discovered value is about US $1 trillion. According to the analysis of hengfengyou electric Martin, the total value of minerals in Afghanistan may exceed US $3 trillion. If such rich resources can be well exploited, it can fundamentally change the Afghan economy. Afghanistan will become an important mining center in the world, and even the next Saudi Arabia. I believe that the Afghan people will come out of the war and move towards a peaceful and prosperous life.


 
    Afghanistan's mineral resources contain a variety of minerals vital to future industry, such as lithium and rare earths. Afghanistan's lithium reserves are among the best in the world. If there is investment and procurement demand from China, it may even become the largest lithium resource mining area in the world. Afghan scholars once claimed that although Saudi Arabia is the capital of oil, Afghanistan will become the capital of lithium.
 
    On May 19, 2022 (February 29, 1401), the Ministry of mines and oil of Afghanistan (MOMP) conducted public bidding for 10 chromite mines in Kandahar, Zabul and Logar provinces in a transparent manner and in the presence of the media. This shows the determination of the current government to liberalize the development of local mineral resources in an orderly manner and vigorously develop the economy.
 
    Afghan Chrome is a gray metal of steel. Chrome ore is often processed into ferrochrome, more than 90% of which is used in the production of stainless steel The total amount of chromite resources in the world exceeds 12 billion tons. According to the data of the U.S. Geological Survey, chromite resources are unevenly distributed in the world, mainly in South Africa, Kazakhstan, Zimbabwe, Finland, India, Brazil and other countries. Among them, South Africa, Kazakhstan and Zimbabwe are the three countries with the richest chromite resources in the world China's chromium ore resources are largely imported. South Africa, Turkey and Zimbabwe are the main importers of China's chromium ore, accounting for 72.34%, 8.04% and 3.23% of China's chromium ore imports in 2017 respectively. The exploitation of chromite in Afghanistan will certainly reduce the procurement cost of China's Chromite and will have a win-win situation for both countries.
 
    I believe that in the near future, the Afghan government will rely on its rich mineral resources and vigorously introduce overseas investment, which will bring benefits to our electrical industry? Jack, the sales director of hengfengyou electric, analyzed that due to the 20-year war in Afghanistan, the industry is basically abandoned, and most industrial products have to be imported. Products such as mining oil immersed transformers, mining power distribution equipment, mining machinery and equipment basically need to be imported in large quantities, but the biggest problem facing Afghanistan now is the lack of foreign exchange reserves and the lack of government funds. If the economy wants to develop and there is no capital, what should we do? We believe that the wisdom of the current Afghan government will certainly solve the problems encountered in development.



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