Mining for Generations Turkey 2019

13 November 2019

Istanbul, Türkiye

Turkish-Swedish mining platform for more sustainable, safe and efficient mining

Business Sweden (the official Swedish Trade & Invest Council in Turkey) organized the Mining for Generations Turkey 2019 platform on November 13, 2019 in Istanbul.

Mining for Generations Turkey 2019 is the first platform organized in Turkey by Business Sweden with the aim to gather the mining industry’s interests, develop the Turkish-Swedish trade relations within the sector and discuss how more sustainable, safe and efficient mining can be achieved.

During the program the following topics will be covered:

Strategic importance of the mining industry for Sweden & Turkey
Introduction to European/Swedish financial solutions
Becoming a leader in mining: Important mining projects in Turkey, ongoing & future
Value-adding innovative Swedish solutions for safer, sustainable & more efficient mining.

Furthermore, the day will give great opportunities to establish new contacts and nurture existing ones. The program will end with a B2B meetings session for participants to better understand opportunities and possibilities for cooperation at first-hand.

Background and Opportunities in Turkish Mining Sector

To strengthen the mining sector, Turkey’s new National Energy and Mining Policy is built on three main pillars: 1) Security of Supply, 2) Localisation by domestic and renewable resources, and 3) Predictable market conditions for investors.

Turkey has set a strong focus on developing its mining industry and growing as a minerals exporter. This is especially true with Turkish gold production. Going from almost no production in 2000 to becoming a European leader by 2015. Furthermore, the Turkish government is aiming for 15 bn USD in mineral exports by 2023 (out of 500 bn USD exports in total).

Due to the development and success in mining in the past, producing mostly pre-processed materials, together with the geological structures in Turkey, production processes have become more and more important, creating a demand to use more advanced methods and technologies to recover minerals. Hence in the future, the successful mines of Turkey will be the ones that showcase efficient, safe and financially sound production processes.

Turkey is also increasing its exploration activities by targeting an annual drilling goal of 5 million m2 annually. In the last two years the General Directorate of Mineral and Research has accomplished a total of 2.5 million m2.