The extraction process for the Ghoryan iron ore mine project, valued at over $5.5 million, commenced in Herat province on Thursday Nov 9, 2023.

Shahabuddin Delawar, the acting minister of mines for the Taliban, disclosed that the Ghoryan mine spans approximately 950 km.

Four domestic companies are set to extract the mine at a cost of $5.57 billion over a 30-year period, ensuring the entire processing takes place within the country.
Shareholders of the Ghorian iron ore mining company estimate that each of the four blocks of the iron mine will employ approximately 5,000 workers, with a total workforce of 20,000 people.

Sept 02, 2023 — The third block of the Ghoryan iron mine Ghurian Iron mine has been handed over to Shamsh, an Afghan company.

Sept 05, 2023 - The Ghoryan iron ore deposit in the Herat province will be developed by Watan Darakhshan, with a planned investment of $2.8 billion. 

Saheel Middle East Mining & Logistics Company, in collaboration with Afghan Dara-e-Noor and Turkish Epcol, has received the contract for the development of the second section of Ghoryan. Investments are estimated at $874 million.

The third section of the iron ore mine has been awarded to the Afghan company Shams, along with British GBM and AD Resources, which plan to invest $572 million in the project. The contract for the development of the fourth section of Ghoryan has been awarded to the Bakhtar Steel Company and its Iranian partners, Ahya Sepahan and Persian, with intentions to invest $1.17 billion in the project.