Trillion $ find: Afghanistan could become the “Saudi Arabia of lithium,”

What about India?. They do not have natural resources but they have more than 1 billion people. I think if you equate world population with world natural resources then natural resources cannot satisfy the needs of 7 billion people.

 

My first impression is this will be good news for China (esp the copper), maybe follow the same path as aluminum and Saudi.

 

Bolivia has half the world's supply of lithium sat in its salt lakes.
“The only thing that matters is competitive cost,” says Jon Hykawy, lithium analyst at Byron Capital Markets. “The world is frankly swimming in lithium. Inexpensive lithium is harder to come by.”

Getting it out of a land locked mountainous warzone is hardly going to be competitive.

http://www.ft.com/cms/s/0/77ad6454-651d-11df-b648-00144feab49a.html

 

this was known for very long time..my father,who sometimes(mean-like once a week) read news on internet,from major news providers, told me this story about lithium at least two years ago..

 

Simple statement: The war can't be won so instead let's make something up to see if the Afghans would rather dig for something that doesn't exist rather than keep killing Americans.


For the few posters on here who obviously do not suffer from a mentally defective mind and question whether the resource value is a negative for a country, it's called Dutch Disease.

 

This news is everywhere.

 

Oil rich Arab states have no manufacture and are bullied by tiny Israel.

 

yeah... just like it did pay for itself in iraq

just another lame excuse from DC. btw-why pentagon is involved now in discovering mineral deposits? wtf was that? aren't they suppose to fight for "freedoms" or capture the terrorists?

 

They would actually be like 55 - 54 being Iraq.

 

Lithium will be an ever important mineral in the energy economy matrix.