Company Profile

Eti Maden

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State-Owned

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Overview

About Eti Maden

Eti Maden İşletmeleri Genel Müdürlüğü (Eti Maden) is a Turkish state-owned mining and chemicals enterprise headquartered in Çankaya, Ankara. It was founded in 1935 as Etibank and took its current name in a January 2004 restructuring. Eti Maden says Turkey holds 73% of the world’s boron reserves. It operates the Kırka, Emet and Bigadiç boron works and the Bandırma boron and acid factories, producing boric acid, borax, boron oxide and other refined boron products for uses including agriculture, ceramics, glass, metallurgy and energy. In 2020 it opened a pilot lithium carbonate plant at Kırka that produces 10 metric tons a year from boron-processing waste.

Its Beylikova Fluorite, Barite and Rare Earth Elements Directorate, in Sivrihisar, Eskişehir, runs the Beylikova rare-earth pilot plant, opened in April 2023 and licensed to operate by the Nuclear Regulatory Authority on August 4, 2026.

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