June 15th, 2010
08:48 AM ET

Minerals in Afghanistan worth $1 trillion, U.S. says

CNN Wire Staff

(CNN) - U.S. military officials and geologists have determined that the mineral deposits in Afghanistan are worth nearly $1 trillion, the Pentagon said Monday.

Vast supplies of minerals such as iron, copper and gold, all with worldwide technological applications, are scattered over the country, according to the Defense Department.

But officials caution that they won't be easy to extricate and that it will take years to turn this newfound mineral wealth into actual revenue.

"It's not a quick win," the U.S. Geological Survey's Jack Medlin said at a Pentagon briefing Monday.

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