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The company ranks among the top #15 in Turkey, specializing in the production of chrome ore and concentrate. It is a family-owned business. Due to its favorable Cr/Fe and Mg/Al ratios, Turkey's chrome ore is in high demand, partic ...
The Company is willing to receive external investment for the reactivation of the quarry in order to re-create the working area and to start setting up the equipment and the team.
According this purpose,partnership will be provid ...
This deposit has been key feeder for the giant Balkhash smelter, responsible for 65% of Kazakhstan’s copper production. Dumps of over 300mln ton accumulated from 40 yrs of operation
Resource Analysis
Wardell Armstrong (M ...
The area is located within the Copperbelt Region in the southwest portion of the DRC, in Kambove Territory, Haut-Katanga District, and Katanga Province.
The location is situated approximately 2 km southeast of the Luisha mining ...
This investment take place in Najran city, in the Kingdom of Saudi Arabia and held by Saudi citizens who noticed the opportunity and the great value of their lands mineral fortune. Two brilliant minds took the initiative to start ...
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The company ranks among the top #15 in Turkey, specializing in the production of chrome ore and concentrate. It is a family-owned business. Due to its favorable Cr/Fe and Mg/Al ratios, Turkey’s chrome ore is in high demand, particularly from China, the leading importer. It holds three licensed areas and operates two chromium enrichment facilities, employing a workforce of 150,its reserve levels are currently under verification by DMT Group, a global consulting firm.
As of now, the company has explored only 2% of its licensed area. By the end of 2023, the reserve-to-production ratio is expected to exceed 100 years, potentially a ferrochrome production facility can be established, which will allow the production of a greater added value product.
Market Overview
Chrome ore is a vital mineral used primarily in the production of ferrochrome, an essential ingredient in stainless steel manufacturing. The global demand for stainless steel, driven by industries such as construction, automotive, and consumer goods, significantly influences the chrome ore market. As of late 2023, the increasing focus on sustainable construction and the proliferation of electric vehicles further amplify the demand for high-quality stainless steel, thereby boosting chrome ore utilization.
