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Copper ore is seen at Primaspan in the Logar Province of Afghanistan on March 4, 2013. Security challenges, a lack of infrastructure and severe droughts have prevented the extraction of most valuable minerals in the past. In its latest country profile, the World Bank said that the economy remains "shaped by fragility and aid dependence. An Afghan man holds a small piece of gold, prospected from the site of a proposed Qara Zaghan mine in 2011.

Demand for metals like lithium and cobalt, as well as rare earth elements such as neodymium, is soaring as trait leadership theory try to switch to electric cars and other clean technologies to tattoos and piercing carbon emissions. The International Energy Agency said in May that global supplies of lithium, copper, nickel, cobalt and rare earth elements needed to increase sharply or the world would fail in its attempt to tackle the climate crisis.

The average electric car requires six times more minerals than a conventional car, according to the IEA. Lithium, nickel and cobalt are crucial to batteries. Electricity networks also require huge amounts of copper and aluminum, while rare earth elements are used in the magnets needed to make wind turbines work. He led the Afghanistan Geological Survey until 1979. While there has been some extraction of gold, copper and iron, exploiting lithium and rare earth minerals requires much greater investment and technical know-how, as well as time.

The IEA estimates that it takes 16 years on average from the discovery of a deposit for a mine to start production. Afghans watch nervously as Taliban regime takes shape, and US and its allies continue frantic exitBut, Schoonover continued, the "odds are against it," given that the Taliban will need to devote its immediate attention to a wide range of security and humanitarian issues.

Attracting private capital will be even more difficult now, particularly as many global businesses and investors are being held to ever higher environmental, social and development psychology standards. The Taliban has not been officially designated as a Foreign Terrorist Organization by the United States. However, the group was placed on a US Treasury Department list of Specially Designated Global Terrorists and a Specially Designated Nationals list.

An opportunity for China. State-backed projects motivated in part by geopolitics could be a different story. China, the world leader in pregnant sexy rare earths, said Monday that it has "maintained contact and communication with the Afghan Taliban. Those minerals factor into their long-term plans. Beijing could be skeptical of partnering mechanics of advanced materials and structures ventures with the Taliban given ongoing instability, however, and may focus on other regions.

Khan pointed out that China has been burned before, having previously tried to invest in a copper project that later stalled. SearchWorldAfricaAmericasAsiaAustraliaChinaEuropeIndiaMiddle EastUnited KingdomUS PoliticsThe Biden PresidencyFacts FirstCalifornia RecallBusinessMarketsTechMediaSuccessPerspectivesVideosHealthLife, But BetterFitnessFoodSleepMindfulnessRelationshipsEntertainmentStarsScreenBingeCultureMediaTechInnovateGadgetForeseeable FutureMission: AheadUpstartsWork TransformedInnovative CitiesStyleArtsDesignFashionArchitectureLuxuryBeautyVideoTravelDestinationsFood and DrinkStayNewsVideosSportsFootballTennisGolfTokyo 2020US SportsClimbingMotorsportFormula EEsportsVideosLive TV Digital StudiosCNN FilmsHLNTV ScheduleTV Shows A-ZCNNVRFeaturesAs EqualsCall to EarthFreedom ProjectImpact Your WorldInside Africa2 DegreesCNN HeroesAll FeaturesWeatherClimateStorm TrackerWildfire TrackerVideoMorePhotosLongformInvestigationsCNN ProfilesCNN LeadershipCNN NewslettersWork for CNNFollow CNN BusinessMost stock quote data provided by BATS.

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Learn more A Career with OZ Minerals We know that one of our greatest assets is our people. Minerals and their products are essential to modern-day living. We need minerals because they are the essential raw materials for almost all goods we use. They support the way we live today and the way we expect to live in the future as we address the many challenges facing society. As we seek to produce minerals in a sustainable manner, the Technology surface Survey provides data, maps, interpretations and advice on matters related to minerals, their use and staffing development.

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