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Private company officially starts extraction of chromite in Khost

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The Department of Mines and Petroleum of the Islamic Emirate of Afghanistan (IEA) has announced the start of chromite mining in Khost province, in the Tani district.

Mohammad Sadiq Hamza, head of mines and petroleum in Khost, told the media on Sunday that work to extract chromite has started after a local company was given a five-year contract.

Hamzah said over this five-year period, 21,000 tons of chromite ore will be extracted.

He said government will get 215 million afghanis from the proceeds.

“One ton of it (chromite) has been set at 10,000 afghanis, and in total, 21,500 tons of chromite will be extracted from this mine in the course of five years, and the revenue of 215 million afghanis will be gained,” said Hamza.

The ministry of mines said recently that an assessment of 650 mines had been carried out and that contracts would be awarded to local and foreign companies to start mining operations.

Mining companies have meanwhile said that the emerging process around mining in the country is an improvement as in the past, minerals were extracted illegally and money went into the pockets of individuals. Now however, the sector is being standardized and regulated and contracts are awarded to companies in a transparent and fair way.

Abdul Latif Wahedi, the operations manager of Nefrait Sharq, the company that won the contract for the chromite mine, said: “These contracts are now given to the companies in a transparent manner, and you can see that now every mine in different provinces is extracted in a standardized way, and with this, the government’s income will increase on the one hand, and on the other hand, job opportunities will be provided.”

Khost provincial officials meanwhile said that another two mines will also start up in the near future.

Mawlavi Mohammad Anwar Din Parwar, deputy governor of Khost, said that “in the coming days, you will witness the opening of two more mines in Khost province.”

Chromite is the only source of chromium and is used in the steel industry.

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Pakistan’s kinno exports falter as tensions with Afghanistan continue

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Pakistan’s kinno exports remain far below potential as regional tensions, high freight costs and weak government support continue to choke the citrus trade.

Despite being a leading global citrus producer, Pakistan is expected to export just 400,000–450,000 tonnes of kinno in the 2025–26 season, compared with an estimated capacity of 700,000–800,000 tonnes.

Exports in 2024–25 stood at around 350,000–400,000 tonnes, mainly to Russia, the UAE, Saudi Arabia, Afghanistan, Indonesia and Central Asia. While better fruit quality this season has raised hopes, persistent crossing disruptions—especially with Afghanistan—and transport bottlenecks have offset gains.

Growers say prices have collapsed sharply, forcing panic sales. Rates for large kinno have fallen from over Rs120 per kg early in the season to as low as Rs75, while smaller fruit is selling for Rs35–40 per kg amid weak demand.

Industry leaders warn the crisis is crippling processing units and jobs. More than 100 factories reportedly failed to open this season, with dozens more shutting down as exports stall. Cold storages in Sargodha are nearly full, putting fruit worth millions of dollars at risk of spoilage, while growers fear losses of up to Rs10 billion.

Exporters are urging the government to urgently resolve issues, subsidise logistics, and help access alternative markets, warning that prolonged inaction could devastate farmers, workers and the wider economy.

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Pezeshkian pledges to facilitate Iran-Afghanistan trade

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Iranian President Masoud Pezeshkian has said that Tehran will facilitate trade and economic exchanges with Afghanistan, including easing procedures at customs and local marketplaces.

He made the remarks during a televised interview following his visit to South Khorasan province, which shares a border with Afghanistan.

Pezeshkian, in a separate event addressing local business leaders, highlighted the province’s strategic advantages, citing its rich mineral resources, proximity to neighboring countries such as Afghanistan and Pakistan, and access to the ocean via the Chabahar port. He described the region as “a golden opportunity not found everywhere,” emphasizing its potential for economic growth and cross-border commerce.

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Afghanistan-Kazakhstan banking ties discussed in Kabul meeting

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A Kazakh delegation led by the Deputy Minister of Finance of Kazakhstan met with Sediqullah Khalid, First Deputy Governor of Da Afghanistan Bank, to discuss ways of strengthening banking and economic cooperation between the two countries.

According to a statement issued by Da Afghanistan Bank, Khalid said the central bank is keen to establish regular and effective banking relations with Kazakhstan as part of broader efforts to expand bilateral trade.

He noted that enhanced banking cooperation would help facilitate trade, investment, and wider economic interaction between Afghanistan and Kazakhstan, while also contributing to financial stability at the regional level.

Members of the Kazakh delegation also emphasized the importance of developing banking and economic ties and expressed their readiness to expand joint cooperation.

The two sides further agreed to establish technical committees from both countries to hold expert-level discussions and advance practical steps for cooperation.

 
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