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Erdoğan inaugurates Türkiye’s 1st boron carbide facility

Daily New Türkiye by Daily New Türkiye
March 19, 2023
in Business
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Erdoğan inaugurates Türkiye’s 1st boron carbide facility
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President Recep Tayyip Erdoğan inaugurated Türkiye’s strategic facility for boron processing, the primary boron carbide plant within the nation on Sunday.

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Addressing the inauguration ceremony, Erdoğan stated the Bandırma Boron Carbide Manufacturing Facility, which represents an funding of $80 million (TL 1.52 billion) is ready to turn out to be the world’s first facility of its form.

Boron carbide has varied functions, reminiscent of in armor wear-resistant mechanical components, that are important to the protection business. These merchandise may be present in a variety of things, from personnel vests to sheltered plates, the president stated.

“The Bandırma facility is anticipated to provide round 1,000 tons, offering a twofold enhance in worth. Its opening is important not just for rising the added worth of boron mining but in addition for the strategic contribution it can make to Türkiye,” he added, highlighting that the excessive expertise facility “will allow Türkiye to show its uncommon earth aspect, found in Eskişehir, into revenue.

“The intention is to implement a complete system that begins from the uncooked materials and extends to the ultimate product, reflecting a willpower to maximise the potential advantages of this funding,” Erdoğan added.

At full capability, the power in western Balıkesir’s Bandırma will make use of 279 individuals and produce 1,000 tons of boron carbide yearly.

In line with the sooner statements made by the ministry of vitality and pure assets, in Türkiye, which has 73% of the world’s boron reserves, Eti Maden – a state-owned mining and chemical merchandise establishment that primarily extracts boron minerals and derivatives within the nation – broke a report with a gross sales income of $1.3 billion final 12 months.

Talking beforehand on Türkiye’s boron capability and the brand new facility, Vitality and Pure Sources Minister Fatih Dönmez stated the nation was promoting boric acid and shopping for boron carbide earlier than, particularly these armor-making firms.

“We’ve got an annual import of 350 tons,” he stated, including that the capability of the brand new facility will open be 1,000 tons.

“In different phrases, we’ll not be an importer and turn out to be an exporter,” Dönmez stated.

Türkiye can be house to the world’s highest high quality boron mine, which has over 200 functions, Dönmez stated, noting that the worldwide demand for boron is huge, with 4 million tons of it getting used worldwide, and the processed refined product’s financial worth is estimated to be round $2 billion.

“The glass business accounts for half of the boron utilization, whereas the agricultural sector’s share is quickly rising. Final 12 months, the agricultural sector’s share rose to 17%, a big enchancment in comparison with the previous two years, indicating the sector’s rising significance within the world boron market,” he stated.

Dönmez went on to say that Türkiye at the moment exports one-third of its boron gross sales to China, making it the nation’s largest boron market.

Moreover the Balıkesir facility, Dönmez famous the nation is ready to open a brand new boron carbide plant with an annual capability of 5,000 tons in Kütahya’s Emet.

“The development work has begun, and the plant is anticipated to be operational inside three years,” he stated.

“Moreover, Türkiye’s first ferrobore plant was established on the identical campus final 12 months, with an annual manufacturing capability of 800 tons. The plant is anticipated to be operational by the top of this 12 months. In one other growth, a pilot plant for uncommon earth parts will quickly be launched in Eskişehir’s Beylikova. The area boasts the world’s second-largest uncommon earth area, and the pilot plant is anticipated to be operational in April,” Dönmez maintained.

“These developments are a testomony to the significance of investing in supplies science, as technological developments are pushed by the supplies used. As Türkiye continues to develop new supplies, it can considerably improve its expertise capabilities,” he added.

In line with Serkan Keleşer, the final supervisor of Eti Maden, at the moment, the world produces 5.7 million tons of boron, with Eti Maden producing 2.7 million tons.

Moreover, Eti Maden produces and sells 450,000 tons of boric acid yearly.

Keleşer defined that home and overseas firms have proven an curiosity in buying boron carbide, and Eti Maden goals to fulfill this demand.

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