Chinese company Gochin plans to invest $10bn in the country's lithium reserves, the Ministry of Mines and Oil of Afghanistan's Taliban government reports.
The investment is expected to create 120,000 direct and one million indirect jobs in the country. The company plans to mine the lithium reserves within Afghanistan and build a hydroelectric power station for its processing. In addition, Gochin will repair the Solang pass and dig another tunnel.
The Taliban's Minister of Mines and Oil welcomed Gochin's investment, noting that lithium is one of the rarest mines in the world.
In January, the Taliban's Ministry of Mines and Oil signed an agreement with the China Oil Economic and Information Research Center for the development of the Amu oil field.
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