Turkey's boron exports exceed $500 million in 2008

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Turkeys boron exports exceed $500 million in 2008
Oluşturulma Tarihi: Ocak 11, 2009 14:02

Turkey exported $520 million of boron, the leader of Turkey's mining exports, in 2008, surpassing the year-end target.

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Turkey and the United States are the world's largest producers of boron, with Turkey holding almost 72 percent of the world's boron potential and estimated reserves of just over 3 billion tons.

Turkey increased its boron exports although it was a tough year due to the global economic crisis, said Orhan Yilmaz, director-general of Eti Mine Works, Turkey's boron processor.

Turkey exported around $405 million of boron in 2007. Yilmaz said the export target for 2009 was set at $650 million, and is targeted to reach $1 billion by 2012.

 

Turkey transports the majority of its boron exports to Europe, Far East countries and the United States.

Photo: Hurriyet archive



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