By: Energy terminal

Türkiye is leveraging its vast $3.5 trillion mineral endowment and expanding industrial capacity to solidify its position in the global mining sector. The country boasts 70 of the world's 90 traded minerals, with annual exports having grown sevenfold over two decades to reach $6 billion. Experts emphasize that unlocking the full value of this untapped potential hinges on increased exploration and modernized geological data.

In gold, Türkiye holds an estimated total potential of 6,500 tons, with roughly 5,000 tons—valued at approximately $300 billion—remaining undeveloped. Domestic production, currently around 30-32 tons annually, is projected to rebound toward 40 tons and could reach 50-60 tons after 2026 as new mines come online. The country is also expanding its international gold operations, most notably in Niger.

The nation maintains global dominance in boron, controlling 73% of reserves and more than 60% of the market, with 2024 revenues reaching $1.3 billion. It is advancing into value-added boron products, including a new lithium carbonate facility and a ferroboron plant for steelmaking.

Türkiye is rapidly emerging as a strategic rare earth elements (REEs) producer. The Beylikova deposit, containing 694 million tons of resources, is the world's second-largest REE field. A pilot plant is underway, with plans to scale up to an industrial facility expected to generate about $220 million in annual added value, potentially positioning Türkiye among the top five global REE producers. This push into critical minerals, combined with ongoing capacity expansion, underpins the country's ambition to become a regional hub for advanced materials and energy transition resources.