China Metallurgical Group wins copper mine project
A Chinese mining company has won a tender to develop one of the world’s largest copper mines in Afghanistan.
The state-owned China Metallurgical Group says it will invest nearly $3bn in the mine at Aynak in the province of Logar, south of Kabul.
Officials say it will be the largest foreign investment in Afghan history and will employ 10,000 people.
When construction is complete the company will pay the Afghan government $400m a year.