Ikram Khalid Minerals Extraction & Processing Company Secures Major Talc Mining Contract in Nangarhar
The Honorable Minister of Mines and Petroleum, Alhaj Mullah Hedayatullah Badri, officially signed the contract for the second block of the Talc Mine located in the Shinwari area of Spin Ghar district, Nangarhar province, with Ikram Khalid Minerals Extraction & Processing Company on October 23, 2026 (2nd of Aqrab 1405). The designated block spans an extensive area of 9.406110 square kilometers, representing a total project investment of $57,574,653.23 USD.
During the official signing ceremony, the Minister of Mines and Petroleum announced that the lease for this mine has been granted for a duration of 15 years, with a royalty rate set at 1,375 AFN per ton. He firmly emphasized that the contracting company is strictly obligated to conduct all extraction and operational activities in full compliance with the national Mining Law, relevant regulatory frameworks, and all commitments stipulated within the contract.
In addition to the standard royalty payments, Ikram Khalid Minerals Extraction & Processing Company has committed to investing $303,030.3 USD into various local social services and community development sectors. Furthermore, the company is bound to rigorously implement its environmental protection pledges to ensure sustainable operations.
The implementation of this large-scale project is projected to generate employment opportunities for approximately 216 individuals, both directly and indirectly, significantly boosting the local economy.