$140 Million Investment in Iron Mine in Pashtun Zarghun District, Herat


HERAT (BNA): Officials in Herat province have unveiled plans for a $140 million investment in the iron ore mine located in the Pashtun Zarghun district of Herat. A significant portion of the mine’s revenue, approximately twenty percent, is slated to contribute to the budget of the Islamic Emirate of Afghanistan.
Mawlavi Fazl Ahmad Munib Khamoosh, the director of Mines and Petroleum in Herat, stated that out of the thirty-six mines surveyed and contracted in Herat, thirteen are related to construction materials, while the others encompass valuable resources such as salt, iron, copper, lead, and coal.
Furthermore, efforts are underway to utilize twenty-six of the mines within the province, with the Mines and Petroleum Department of Herat working towards privatizing all mines to create lucrative investment opportunities for traders in the region.

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