TFBSO began operations in Afghanistan in the summer of 2009. As in Iraq, TFBSO in Afghanistan concentrated on attracting private foreign direct investment, corporate development, procurement, and reform of the banking sector.
Mineral resources In May 2011, TFBSO and the
U.S. Geological Survey announced that they had identified dozens of reserves of
copper,
gold,
lithium, and rare earth minerals in Afghanistan. The report trumpeted the potential value of the mineral assets, estimating that exploiting the lithium deposits alone "could result in up to $1.2 billion in additional annual revenue for the government of Afghanistan". Reportedly in response to outreach from former
CIA operative and TFBSO consultant
Milton Bearden,
The New York Times reported in a front-page article that the find was "far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself".
Raw Story reported that these findings were not new, and that "a detailed US Geological Survey report on Afghanistan's mineral resources was published as recently as 2007". New York Times reporter
James Risen later told Yahoo News that "Milt convinced Brinkley to talk to me, and Brinkley convinced other Pentagon officials to go on the record. I think Milt realized that things were going so badly in Afghanistan that people would be willing to talk about this."
Criticisms over awarding contracts to Chinese firms Former
US ambassador to
Iraq and
Afghanistan Zalmay Khalilzad criticized TFBSO for setting up a bidding process on an Afghan oil contract that favored a state-owned Chinese firm against private Western companies.” He called TFBSO's bid selection process "bad for U.S. business, and bad for the rebuilding effort in that embattled country".
Lack of Coordination A report by the
Special Inspector General for Afghanistan Reconstruction (SIGAR) noted that "TFBSO's perception that it did not have to coordinate with other U.S. agencies resulted in TFBSO electing not to share information with
USAID in multiple instances." ==Reorganization and Brinkley's Departure==