Shamaila Khan, director of emerging market debt at AllianceBernstein, said the Taliban insurgents have emerged with resources that are a “very dangerous Afghanistan fell into the hands of the Islamist militant group over the weekend, as it seized the capital of Kabul as well as the Presidential Palace. After President Joe Biden’s April decision to withdraw U.S. troops from Afghanistan, the Taliban made stunning battlefield advances — and nearly the whole nation is now under the insurgents’ control. The international community should put pressure on China, for instance, if it seeks to ally itself with the Taliban, Khan added.
Rare earth metals in Afghanistan were estimated to be worth between $1 trillion and $3 trillion in 2020, according to a report in news magazine The Diplomat, citing Ahmad Shah Katawazai, a former diplomat at the Afghan Embassy in Washington D.C. A report by American news organization The Hill earlier this year put the value at about $3 trillion. for the world,” with minerals in Afghanistan that “can be exploited.”