The Kabul Tribune (KT) — The Taliban have signed a contract for the extraction of an iron ore mine in Yakawlang district of Bamiyan province with Nazari Rahimi and Waziri companies, the Taliban’s Ministry of Mines and Petroleum said.
According to the ministry, the agreement was signed for a
30-year period, involving an investment of 438,961,626 Afghanis and a 20%
royalty. The companies are required to comply with all agreed terms and
conditions under the contract.
Taliban Minister of Mines and Petroleum Hedayatullah Badri
said during the signing ceremony that the companies are committed to processing
the extracted materials within the country, providing social services, and
creating employment opportunities for dozens of people both directly and
indirectly.
The ministry added that the mining area covers approximately
85 square kilometers.
