Taliban Signs $96M Contracts to Extract Two Talc Mines in Nangarhar

DID Press: Taliban’s Ministry of Mines and Petroleum has signed contracts with two domestic companies to extract and process talc from two mines in Spin Ghar and Achin districts of Nangarhar province. The combined investment in the projects exceeds $96 million, and both contracts will run for 15 years.

According to information published on the Al Emarah Dari website, the contract for the second block of the talc mine in Spin Ghar district covers an area of approximately 9.4 square km and involves an investment of $57,574,653.The contract was signed by Hidayatullah Badri, the Taliban’s minister of mines and petroleum, with Ekram Khalid Mining and Processing Company. The royalty rate for the mine has been set at 1,375 Afghanis per tonne.

A second contract covers the extraction and processing of a talc mine in the Wuch Bandar area of Achin district. The project covers approximately 3.93 square km and involves an investment of $38,748,772.

The contract was signed with Enayat Esmat Mining and Processing Company, with the royalty rate set at 1,395 Afghanis per tonne.According to the published information, both contracts have a term of 15 years.