YKD Energy and Mining in Turkey
Turkey is a country that is rich in mineral resources such as gold, copper, iron, boron, lignite, marble, feldspar, gypsum, and limestone. Mining activities in Turkey have a long history, dating back to the Neolithic Age. Minerals mined in Turkey have played an important role in the country’s economy, accounting for around 2.5% of its GDP. Both the public and private sectors are involved in mining activities in Turkey. Publicly-owned ore-finding companies are affiliated with the Ministry of Energy and Natural Resources, while privately-owned companies are inspected by the General Directorate of Mining Affairs.
In recent years, Turkey has shown significant development in the sector due to the increase in global commodity prices and a better understanding of the country’s potential. YKD Enerji is an energy company that invests in strategic mineral-producing companies at the initial stage. The company is currently waiting for the completion of the necessary permit and exploration activity processes to start mining activities for industrial raw materials in Turkey.
YKD Enerji’s mining activities in Turkey are expected to have a positive impact on the country’s economy, such as contributing to the growth of the mining sector, creating employment opportunities, increasing Turkey’s export potential, and strengthening the country’s energy security. If you are interested in our other areas of activity, you can use the links below to learn more about Fuel and Fossil Fuels, Agriculture, and Renewable Energy.
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