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Abstract:
Turkey’s geographical location on the trade routes, adjacent to energy resources, and its emergence as an energy transit corridor, have made Turkey an attractive center for the investment of international capital. Turkey contains 72% of the world’s boron reserves, which are concentrated in eight countries in the world; the USA and Russia have the next largest deposits. Boron, with its various applications and diverse product range, is an essential raw material in most industries. 85% of it is consumed in glass, fiberglass, insulating glass, detergent, ceramics and agriculture, with a total consumption of 3,500,000 metric tons (1,800,000 ton B2O3) per annum around the world. Turkey, with the Eti Maden, a wholly state-owned company, has become the leader in the boron business not only in terms of its reserves but also in production, sales and profitability since 2005. The primary target now is to make Turkey, the leader of world boron business, and an emerging terminal where energy lines intersect, a production base in the sectors identified in growth strategies.
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