KABUL: The Ministry of Mines and Petroleum has announced the signing of a $57 million contract for the extraction of talc from Block Two of the talc mine in Spin Ghar district of Nangarhar province.
According to the ministry, the 15-year contract was signed with Ekram Khalid Mining and Processing Company, with the royalty rate set at 1,375 Afghanis per tonne.
The company will also spend more than $303,000 on social services as part of the project, the ministry said.
The project is expected to create employment opportunities for around 216 people once implemented.