China Eyes Afghanistan’s $1 Trillion of Minerals With Risky Bet on Taliban
- Beijing seeks to welcome Taliban into international community
- Militants face challenge convincing U.S. to lift sanctions
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When the U.S. invaded Afghanistan in 2001, the global economy looked a lot different: Tesla Inc. wasn’t a company, the iPhone didn’t exist and artificial intelligence was best known as a Steven Spielberg film.
Now all three are at the cutting edge of a modern economy driven by advancements in high-tech chips and large-capacity batteries that are made with a range of minerals, including rare earths. And Afghanistan is sitting on deposits estimated to be worth $1 trillion or more, including what may be the world’s largest lithium reserves -- if anyone can get them out of the ground.