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Turkey earns 1.3 billion dollars from record boron sales in 2022

by John Pierce
July 3, 2023
in Business
2 min read
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Turkey exports of Boron and related products hit This is absolutely high yearA. said senior official on Wed, as the country speeds up up efforts to benefit more of its vast reserves of the key material.

the state-run The mining company, Etty Madden, shipped about 2.65 million tons of these boron products yearEnergy and Natural Resources Minister Fatih Dönmez reported at am event in The capital is Ankara.

converting boron ores into products with High added Value, Eti Maden has delivered a great value success in Boron production and sales last year And the set a record with sales of 2.63 million tons of refined boron,” Dunms noted.

Turkey seeks to enhance its value-added products, and have been processed more Boron and its production semiFinished and finished products instead of Sell directly After extraction, this was the case in previous years.

The item is actively used in Many fields including technology, energy, cleaning materials, defense, glass and ceramics.

indicating that last yearbrought boron sales in $1.03 billion minister He said that figure had risen to $1.3 billion in 2022.

Dunms pointed out out This tide in its energy sector changedand goals of Being a technologically advanced country more importance of being an energy producing country.

Emphasizing that Turkey is the world’s largest producer with a share of 62% of sales in the global boron marketthe minister He said 2023 will be year When the country flourishes in energy and mining sectors.

In addition to the expanded mining business, Turkey has also slope up investments for set up new facilities to expand its production capacity.

Dönmez said that the boron carbide plant with A 1000 ton will be operational capacity in the first Month of 2023. is also Referred to as a ferro boron plant under construction in Northwest Balıkesir Province since September, 800-saidton The capacity facility will eventually be commissioned of 2023.

the minister confirmed that Turkey, for the first the time in the worldLithium is produced from the effluent generated during boron production.

“We have started first Produce with 10 tons each year in our pilot plant. We hope to make the bid for Our lithium carbonate facility in City of Kirka, which will produce 600 tons annually of lithium carbonate in January 2023”.

he is added it’s a second Lithium carbonate plant with annual production capacity of 100 tons set to be built in northwest of Bandirma district, which brought the country’s lithium carbonate production to a level total of 700 tons per year and thus capable of Meeting half of Turkish annual demand.

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