• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

EPA to Boost Reshoring, Manufacturing by Streamlining Permitting

May 13, 2026

Tiger Suffers Setback in Court as Judge Gives Prosecutors Access to Golf Legend’s Prescription Drug History

May 13, 2026

Farage Says Work Begins Now to Destroy the ‘Delusional’ Establishment

May 13, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Wednesday, May 13
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Have Trump And Musk Made Amends?

    May 13, 2026

    Trump Can Barely Walk As He Arrives In China With A Lumbering Thud

    May 13, 2026

    South Carolina Republicans tank redistricting, for now

    May 13, 2026

    Pennsylvania Supreme Court Justice Leaves Democratic Party

    May 13, 2026

    Buttigieg picks sides in Iowa

    May 13, 2026
  • Health

    Vance: $1.3B in Medicaid money to California will be deferred over fraud suspicions

    May 13, 2026

    Why Energetic Health Matters Now More Than Ever

    May 13, 2026

    The Doctor Shortage Is Getting Worse. Your Pharmacist Can Help

    May 13, 2026

    Trump DOJ intensifies push to restrict youth gender-affirming care

    May 13, 2026

    This $250 Million Startup Tracks How Cancer Reacts To Treatment In Real Time

    May 13, 2026
  • World

    Farage Says Work Begins Now to Destroy the ‘Delusional’ Establishment

    May 13, 2026

    Neil DeGrasse Tyson Ruminates On How To Handle E.T. Encounters

    May 13, 2026

    At Least Six Dead Migrants Found in Trainyard near Texas Border

    May 13, 2026

    Trump Shares AI Image Of Democrats Bathing In Feces

    May 13, 2026

    Trump Rejects Iran Reply – ‘Laughing No Longer’

    May 13, 2026
  • Business

    Another Key Inflation Measure Blows Past Forecasts

    May 13, 2026

    Prices Skyrocket To Highest Level In Years As Fallout From Iran War Continues Ravaging Economy

    May 12, 2026

    Reynolds Launches $3,200,000,000 Investment In America-Made Smokeless Nicotine

    May 8, 2026

    CEO Trolls Rival By Using Their Platform To Fund His Attempted Takeover Of Company — But They Aren’t Amused

    May 7, 2026

    Americans May Be Stuck Paying Wartime Gas Prices Long After Iran Deal

    May 7, 2026
  • Finance

    Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

    May 13, 2026

    Alibaba’s AI Business Is Booming, But Its Profits Basically Disappeared

    May 13, 2026

    Oil little changed as Trump heads to China; US oil stocks fall more than expected

    May 13, 2026

    B&G Foods positions for “transformational year” as guidance raised

    May 13, 2026

    Intel Has Tripled in 2026. The Sell in May Case for the Year’s Biggest Comeback Story

    May 13, 2026
  • Tech

    EPA to Boost Reshoring, Manufacturing by Streamlining Permitting

    May 13, 2026

    ‘AI Is Here,’ ‘We Can Work With It,’ ‘You Fight It … Is a Battle We Will Lose’

    May 13, 2026

    Google Reports First Known Case of AI-Developed Zero-Day Exploit Used by Cybercriminals

    May 13, 2026

    Microsoft CEO Satya Nadella Takes the Stand to Defend Relationship with OpenAI

    May 13, 2026

    Suspect Allegedly Asked Chat GPT ‘How to Make Bomb’, Targeted Louvre

    May 13, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Afghanistan Continues to Refine Its Extraction Strategy
Finance

Afghanistan Continues to Refine Its Extraction Strategy

January 11, 2025No Comments6 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Afghanistan Continues to Refine Its Extraction Strategy
Share
Facebook Twitter LinkedIn Pinterest Email

As the Taliban crack sharply down on non-governmental organizations and women’s rights, its government is gradually increasing revenue streams from resource extraction operations as it seeks to minimize the impact of Western sanctions and pressure. The Afghan government announced in November that it had signed three large deals worth over $1.2 billion with firms from several nations. Separately, the interim government signed 167 contracts for smaller mining projects from September 2023 to September 2024. 

Business is increasing. The year before the regime signed 108 extraction contracts as it reinvigorated the Ministry of Mines and Petroleum. After a change in leadership this summer, the Ministry of Mines and Petroleum seems intent on boosting production at existing concessions, improving the competitiveness of Afghan minerals in international markets, and building business ties with Afghanistan’s neighbors.

Hidden in a series of July 2024 leadership moves, the Taliban removed Shahabuddin Delawar as acting minister of mines and petroleum and put Hedayatullah Badri in his place. The minister position is a critical role for the Taliban government as it attempts to establish economic autonomy, reduce the impact of Western sanctions, and establish commercial ties with its neighbors. Delawar had been accused of nepotism, including securing a role for one of his sons as ambassador to Uzbekistan, which is a key collaborator in the Afghan mining industry. Badri, a former Taliban Finance Commission chief and governor of the Afghanistan Central Bank, is on international sanctions lists for his facilitation of the Taliban insurgency and involvement in the drug trade. Perhaps in an oblique reference to the accusations again Delawar, Badri promised transparency and accountability during his tenure at the ministry.

Badri’s longstanding ties to the drug trade have not slowed his ability to woo foreign officials. The recent announcement of a large lead and zinc tender in Bamyan Province suggests the Taliban have shifted to a new focus on larger deals with foreign firms. The minister has met with Turkish, Turkmen, Chinese, and other foreign officials in pursuit of these deals. His engagements been productive. In October, the ministry accounted a $1 billion natural gas extraction project with Uzbekistan’s Ariel Group. There may also be progress on the Ghorian Iron Mine project, as the ministry announced an international group had agreed to invest in the remote and undeveloped site.

See also  Anheuser-Busch is selling off beer brands as Bud Light catastrophe continues

The Afghan government also continues to use smaller mines to provide jobs and create local revenue. Since their takeover of the country in 2021, the Taliban have taken firm control over Afghanistan’s mining interests. Even in Panjshir Province, one of the last areas to yield to the Taliban, the government has issued mining permits and organized weekly auctions. According to the regime, there are 10,000 miners working in 550 emerald mines in the province alone. The government has also sent technical teams into Panjshir to survey deposits and issue permits for ruby mines. In late December 2024, Nuristan Province started its own gemstone auction process, suggesting that other mineral-rich provinces may soon follow Panjshir’s example. Importantly for the Taliban, 10 percent of revenues from the sales go to the government.

The Ministry of Mines and Petroleum is working with both local and international businesses to improve the capacity of existing projects. Since first signing off on a deal to extract oil from the Amu Darya field in January 2023, the Xinjiang Central Asia Petroleum and Gas Company continues to expand production at the concession by bringing in additional equipment and digging new wells. While the amount of oil involved remain small, the Taliban continue their push toward self-reliance. A group of local investors has announced a deal to establish a new oil refinery in Balkh Province, potentially with Iranian assistance.  

The regime also announced in late November that coal revenues increased slightly through its state-owned enterprises. The increase in revenue is likely due to a decrease in customs taxes on coal last summer. The Afghanistan government has sought to increase its market share in providing coal to its energy-starved neighbor Pakistan, which currently sources about half of the coal for its power plants from South Africa and Indonesia.

See also  French central bank head warns against raising ECB inflation target

The Ministry of Mines and Petroleum continues to work on two game-changing projects that face long odds: the Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline and the Mes Aynak Copper Mine. Both are perhaps wishful thinking, but the pipeline seems the more unlikely project. While Turkmenistan and Afghanistan continue to engage on the subject, even going so far as to begin practical work on the Afghanistan side of the border, New Delhi is skeptical. Without India’s support, it is not economically sustainable for Pakistan to join the effort. Further, Kabul does not have the infrastructure and finances to support its own pipeline with Turkmenistan. 

The Mes Aynak Copper Mine, which has been stalled for more than 16 years, has finally shown signs of progress. Acting Minister of Mines and Petroleum Badri met with the Chinese Ambassador to Afghanistan Zhao Xing very soon after he assumed the portfolio. A few days later, both sides held a ribbon cutting ceremony for a connecting road for the project. The Taliban have also worked to clear artifacts from an archaeological site near the mine and made progress on the necessary environmental impact study. 

However, much is uncertain regarding the project. The initial contact called for a 400-megawatt generating plant and a smelter to refine the mine’s copper ore. Neither appear on the radar at this point and it is unclear how viable the mine is without some sort of smelter available. Transporting unprocessed ore on the area’s limited roads does not seem feasible, especially with the pitiful state of trade between Afghanistan and Pakistan, where the nearest smelter is located.

See also  Turkmenistan Eyes Pakistan’s Gwadar Port for Trade Expansion

It is unknown how much mining revenue is going into the interim government’s coffers. The Ministry of Mines and Petroleum reported revenues of $100 million over the past year. However, since Badri assumed control of the ministry, reporting has declined. Indeed, the Taliban regime has stopped sharing budget information altogether. 

The government is undoubtedly benefiting from progress in its mining sector but may be approaching the upper limits of what is achievable without a massive influx of investment in its transport and electric power infrastructure. Gems and petroleum have straightforward transportation requirements compared to hundreds of tons of copper or iron ores. While the improvement of Afghanistan’s railroad network is under discussion, it is, at the very minimum, several years away from helping to bolster access to the country’s mines. 

Despite the challenges, the Taliban are making progress as they seek to bolster revenues, employment, and diplomatic ties. While Delawar’s skills as a former diplomat made several deals possible, the ministry is moving forward with Badri at the helm. Badri’s skills with taxation and revenue collection as well as his international ties from his time as head of the Taliban Financial Commission during the insurgency seem to be paying dividends. 

Self-sufficiency remains far away for Afghanistan. However, the current amount of mining revenues will enable the Taliban senior leaders to enrich themselves and fund enough of a government to sustain the current level of stability.

Afghanistan Continues Extraction refine strategy
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

May 13, 2026

Alibaba’s AI Business Is Booming, But Its Profits Basically Disappeared

May 13, 2026

Oil little changed as Trump heads to China; US oil stocks fall more than expected

May 13, 2026

B&G Foods positions for “transformational year” as guidance raised

May 13, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Kevin McCarthy Thinks He Can Pass A CR (But Only If It Helps Putin)

September 30, 2023

‘Higher Interest Rates Could Fuel Market Chaos,’ Warns Kevin O’Leary. Here Are 2 ‘Strong Buy’ Dividend Stocks to Protect Your Portfolio

August 29, 2023

Florida Man Accused of Pressuring Teen Mom to Hire Hitman to Kill Her 3-Year-Old Son

September 2, 2023

Health status and expected recovery period for Blue Jays $11,200,000 superstar

August 2, 2023
Don't Miss

EPA to Boost Reshoring, Manufacturing by Streamlining Permitting

Tech May 13, 2026

EPA Administrator Lee Zeldin on Monday issued a proposal that would clarify permitting requirements to…

Tiger Suffers Setback in Court as Judge Gives Prosecutors Access to Golf Legend’s Prescription Drug History

May 13, 2026

Farage Says Work Begins Now to Destroy the ‘Delusional’ Establishment

May 13, 2026

Vance: $1.3B in Medicaid money to California will be deferred over fraud suspicions

May 13, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,359)
  • Entertainment (4,478)
  • Finance (3,356)
  • Health (2,025)
  • Lifestyle (1,876)
  • Politics (3,211)
  • Sports (4,178)
  • Tech (2,086)
  • Uncategorized (4)
  • World (4,226)
Our Picks

Georgia Parliament, Surrounded by Protesters, Erupts in Fistfight over ‘Foreign Agent’ Law

March 16, 2023

Washington State Listeria Outbreak Linked To Milkshakes—Symptoms, Treatment And Who’s At Risk

August 22, 2023

Comedian Iliza Schlesinger Lectures Parents for Contributing to ‘Global Warming’ with Gender Reveal Parties

October 1, 2023
Popular Posts

EPA to Boost Reshoring, Manufacturing by Streamlining Permitting

May 13, 2026

Tiger Suffers Setback in Court as Judge Gives Prosecutors Access to Golf Legend’s Prescription Drug History

May 13, 2026

Farage Says Work Begins Now to Destroy the ‘Delusional’ Establishment

May 13, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.