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Turkey's raw mineral exports and processed imports on parliament's agenda
๐Ÿ‡น๐Ÿ‡ท Turkey /Economy & Trade

Turkey's raw mineral exports and processed imports on parliament's agenda

From Cumhuriyet · () Turkish

Translated from Turkish, summarized and contextualized by DistantNews.

At a glance

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  • A Turkish lawmaker has raised concerns in parliament about the export of raw strategic minerals and the import of high-value processed goods.
  • The lawmaker questioned the lack of domestic processing infrastructure for minerals like zinc, chrome, copper, and nickel, citing the closure of a zinc smelter.
  • He asked about the annual loss in added value and impact on the current account deficit due to exporting raw materials instead of finished products.

Mesut DoฤŸan, a Member of Parliament for the Saadet Party in Ankara, has brought a critical issue before the Turkish Grand National Assembly: the nation's reliance on exporting raw strategic minerals while importing high-value processed goods.

DoฤŸan directed his concerns to Energy and Natural Resources Minister Alparslan Bayraktar, questioning the insufficient domestic infrastructure for smelting and refining. He highlighted that despite Turkey's rich mineral resources, a significant portion of extracted ore is not transformed into high-value end products within the country.

The lawmaker specifically pointed to the export of zinc ore as concentrate, while the domestic market largely depends on imported zinc ingots. He also brought up the closure of ร‡ฤฐNKUR, Turkey's sole zinc smelter, after its privatization. Similarly, chrome is exported raw or as concentrate, yet stainless steel is imported at high costs. DoฤŸan argued that the infrastructure for smelting, refining, and producing battery chemicals for critical metals like copper and nickel is also inadequate.

Turkey's rich mineral resources and strategic mineral reserves, a significant portion of the extracted ore cannot be converted into high-value end products within the country.

โ€” Mesut DoฤŸanHighlighting the issue of raw material export and finished product import.

DoฤŸan posed several questions to Minister Bayraktar: why strategic minerals such as zinc, chrome, copper, nickel, and bauxite cannot be processed into high-value products domestically; how many active, semi-active, or defunct mineral processing, smelting, and refining facilities exist in Turkey; the estimated annual loss in added value from exporting raw or concentrated minerals and its effect on the current account deficit; and whether legislation is planned to mandate domestic processing of minerals.

Furthermore, DoฤŸan inquired about the existence of a national "Integrated Metallurgy and Smelting Facilities Strategy Plan" to ensure critical minerals for electric vehicle batteries, the defense industry, and advanced technology are processed into end products in Turkey, and if so, its investment timeline.

Why strategic minerals such as zinc, chrome, copper, nickel, and bauxite cannot be processed into high-value products domestically?

โ€” Mesut DoฤŸanQuestion posed to the Energy and Natural Resources Minister.
DistantNews Editorial

Originally published by Cumhuriyet in Turkish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.