America Owned: China, Iran Move To Plunder Afghanistan Commodities With US Out

America owned again. Thanks to the Democrats.

America’s chaotic retreat from Afghanistan has left U.S. taxpayers with billions of unpaid bills and is going to give China and Iran the spoils of war.

None of this would have happened if the Democrats hadn’t stolen our Presidential election.

China, Iran swarm over Afghanistan commodities with US out

Chinese may build the world’s second-largest copper mine in Afghanistan

By Phil Flynn,  FOX Business, August 19, 2021:

America’s chaotic retreat from Afghanistan has left U.S. taxpayers with billions of unpaid bills and is going to give China and Iran the spoils of war.

While US citizens in the country were waiting to hear from the White House, China and Iran moved to recognize the Taliban as a legitimate leader of the country and are already making plans to exploit Afghanistan’s vast natural resources.

Not only was the Biden administration ill prepared for an orderly withdrawal from Afghanistan from a military standpoint, leaving planes and equipment for the Taliban’s taking, but it also failed to think of the longer-term economic consequences of allowing China and Iran to rebuild and control Afghanistan. This disaster will have far-reaching implications not only for the safety of the country and people, but also for our longer-term economic benefit.

China, according to reports, is starting to cut deals to mine and control Afghanistan’s natural resources that are worth several trillion dollars. The Global Times reported that a Chinese consortium was awarded a contract to develop the world’s second-largest copper mine in the country and is planning to return after years of delay as Beijing seeks closer ties with the Taliban.

“We would consider reopening it after the situation is stabilized and international recognition, including the Chinese government’s recognition of the Taliban regime, take place,” an unnamed source at the state-owned China Metallurgical Group Corp (MCC Group) told the Global Times, a party-run newspaper.

China, of course, is already a major player in rare earth minerals, something that the Biden administration desperately needs to meet its green energy goals. Biden is a big believer in electrifying most of the U.S. car and truck fleet and will need to rely on massive amounts of rare earth minerals that are going to be mainly controlled by China. That is especially true if it starts developing those minerals along with the Taliban government.

Afghanistan not only has copper, cobalt and other rare earth deposits, but it also has the world’s largest supply of lithium, a critical and irreplaceable element to build batteries for electric cars. China right now has the capacity to process 85% of the world’s rare earth minerals by controlling the supplies in Afghanistan. It will be able to control global prices and potentially withhold supplies to the United States and to United States companies. If you thought OPEC was bad when it came to controlling oil, a China-Afghanistan-Iran rare earth mineral alliance could potentially be even worse to the future of the U.S. economy, not only when it comes to electric cars but things like cellphones, computers and chips. The U.S. is already struggling with a massive chip shortage, pushing automakers to curb production.
Former President Trump on the U.S. withdrawing from Afghanistan.

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