• 2026.11.11 (Wed)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
[등록] 2026-09-01 15:48:31
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
    • Pet Life
    • Halal Horizon
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Bong-seon's Photo Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > World

The 21st Century's Resource Race: Critical Minerals in Afghanistan and Greenland

Global Economic Times Reporter / Updated : 2025-03-09 13:37:12
  • -
  • +
  • Print

Just as fossil fuel discoveries shaped the 20th century, the race for critical minerals is defining the 21st. These minerals, essential for modern economies, are vital for construction, energy, and advanced manufacturing, especially in semiconductors and technology. The geographical distribution and extraction of these resources significantly influence geopolitical and economic relationships. Currently, the world's attention is focused on Afghanistan and Greenland, both believed to possess substantial untapped reserves, each presenting unique challenges.

Afghanistan's Untapped Mineral Wealth:

Afghanistan, situated at the convergence of multiple tectonic plates, boasts a rich and diverse geological makeup. Historically, it has been a significant source of copper, gold, and precious stones like lapis lazuli. Today, estimates suggest Afghanistan holds nearly $1 trillion in mineral reserves, including 60 million tons of copper, 183 million tons of aluminum, and 2.2 billion tons of iron ore. Gold mining occurs on an artisanal scale in northern and eastern provinces, while the mountainous regions contain valuable marble and limestone deposits.

The primary focus, however, is on Afghanistan's deposits of critical minerals crucial for emerging technologies. These include cobalt, lithium, and niobium, essential for batteries and electronics. Notably, Afghanistan's unexplored lithium reserves may surpass those of Bolivia, currently the world's largest. The country also holds significant deposits of rare earth elements like lanthanum, cerium, and neodymium, vital for magnets, semiconductors, and specialized manufacturing.

Challenges to Extraction:

Despite its mineral wealth, Afghanistan faces significant obstacles to extraction. Its rugged terrain, ranked as the eighth most mountainous globally, poses logistical challenges. More critically, political instability and security concerns have historically impeded development. Following the Taliban's initial ousting in 2001, illegal mining operations flourished under local militant control, with minimal benefits accruing to the Afghan population.

Since regaining power in 2021, the Taliban has sought to exploit the country's mineral wealth to boost exports. However, international sanctions and their designation as a terrorist group have hindered progress. Despite this, some nations are engaging with the Taliban, with China leading the way.

In 2024, the Taliban's resource ministry announced investments from China, Qatar, Turkey, Iran, and the United Kingdom. China, a key player in Afghanistan's extractive industries through its Belt and Road Initiative, is expected to play a crucial role. However, the development of new mines typically takes 16 years, requiring substantial investment and time, contingent on resolving political and security issues. 

Greenland's Emerging Mineral Frontier:

Greenland, largely covered by an ice sheet for millennia, has traditionally relied on fishing and whaling. However, climate change-induced ice melt is revealing vast untapped mineral resources in the island's interior. These include copper, gold, titanium, and graphite, as well as critical minerals vital for technology.

Greenland is estimated to hold deposits of 43 of the 50 minerals designated by the U.S. as crucial for national security, including rare earth elements, vanadium, and chromium. With China dominating the rare earth market, Greenland's deposits are strategically important for nations seeking to diversify their supply chains. This strategic value prompted the U.S. to express interest in acquiring Greenland.

Environmental and Logistical Hurdles:

The Greenlandic government has issued numerous mining licenses, but only a few mines are currently operational. The development of new mines faces significant challenges, including environmental concerns. Greenland's strong environmentalist movement has successfully halted projects due to safety and pollution fears, particularly regarding rare earth extraction, which involves potentially hazardous processes.

The receding ice and warming climate have facilitated extraction by revealing new areas and extending operational periods. However, the harsh environment and lack of infrastructure, including roads and energy facilities, pose ongoing challenges. Despite these obstacles, Greenland's government views mining as crucial for economic development.

Geopolitical Implications:

Both Afghanistan and Greenland represent significant frontiers in the global competition for critical minerals. The ability of various actors to capitalize on these resources will depend on a complex interplay of military power, economic investment, and diplomatic engagement. The strategic importance of these minerals underscores the evolving dynamics of international relations in the 21st century, where access to resources can redefine global power structures.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #글로벌이코노믹타임즈
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
Global Economic Times Reporter
Global Economic Times Reporter
Reporter Page

Popular articles

  • World Citizens are Flying Directly to Busan... The Era of 4 Million Foreigners is Just Around the Corner

  • Cold Wave and Autumn Chill Hit Korea on "Ipdong": Gangwon -6°C, Seoul Real-Feel -4°C… Rain and Snow Expected in Central Regions on Sunday

  • Restoring Hearing with Genes, Cochlear Implants with Robots: Where Does Hearing Loss Treatment Stand Today?

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065587654501714 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Bucheon Conducts Winter Safety Inspections for Small-Scale Construction Sites Under 5.7 Million USD
  • Bucheon City to Hold Joint Exhibition for Together Care Centers… 364 Children Participate
  • Bucheon City Successfully Concludes Residents’ Autonomy Program Contest… Top Team Advances to Gyeonggi Provincial Contest
  • Lens on the Edge: The Visual Chronicles of a Wildlife Photographer Documenting Earth’s Final Hour
  • Exploring the World of Hangeul Calligraphy at Cheongnong’s Hangeul Art Institute
  • South Korea’s Graduate Schools Face Empty Classrooms as Demand for Tech Talent Reaches Critical Mass

Most Viewed

1
South Korea and Ethiopia Sign Trilateral MOU to Introduce Liquid-Based Cytology (LBC) Technology for Cervical Cancer Diagnosis
2
US Army Conducts Rare Temporary Burial Drills to Prepare for Worst-Case Large-Scale War Scenarios
3
World Citizens are Flying Directly to Busan... The Era of 4 Million Foreigners is Just Around the Corner
4
Eating 100g of Baechu Kimchi Daily Linked to Lower High-Cholesterol Risks
5
From Kim Whanki to Pokémon Cards... Seoul Auction Opens the Floodgates
체리가든 스토리
nutri huevos
로타리
동포저널

Hot Issue

LG Electronics and Skyscanner Partner to Bring Smart Travel Planning to Living Rooms

Regional Tourism in South Korea Struggles as Infrastructure Lags Behind Inbound Airport Growth

Miky Lee Honored with Asian Hall of Fame’s Centennial Medal for Pioneering Global K-Culture

Fashion Runway Show 2026

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • News K
  • 반달곰 프로젝트
  • 광고문의
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being 
    • 전체
    • Pet Life
    • Halal Horizon
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Bong-seon's Photo Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Overseas Koreans
  • Multicultural News