Turkey Mining Industry Development in the Next Century
GLOBAL OUTLOOK OF THE INDUSTRY
After years of stability, the mining industry has experienced fast growth in revenues and profit over the last 10 years and should manage a sustained growth and healthy profitability in the next decade. EBITDA margins are expected to move to levels of ~40% in the Medium to long term versus 48% in 2011.
Over the next 10 years, the mining industry will accumulate up to US$ 3 trillion in cash after capex – creating FDI opportunities for countries such as Turkey. Turkey will be one of the rising star of the mining industry in the next century.
Peferct Natural and domestic invest enviroment:
1. Established infrastructure
In-depth geologic research and data for offered by General Directorate of Mineral Research & Exploration (MTA)
Reliable power lines and available underground water resources
World-leading construction sector offers low cost and on-budget field projects
2. Major untapped reserves potential
Strong tectonic and magmatic history led to rich underground reserves
Tethyan-Eurasia Metallogenic belt covers Turkey – high proven potential
Mining wealth untapped: Entire Southeastern region which had no drilling since 80s, offers massive potential due to mineral wealth
In the other regions, mining has been limited to surface excavations. Big potential with deep drilling
3. Investor friendly environment
favorable tax regime – corporate tax 4-20%
No nationalization threat – All mining companies treated against the law
Ownership (transfer) rights clearly defined and protected by law
4. Natural feedback
Turkey is an important part of the Tethyan-Eurasia Metallogenic Belt within the Alpine-Himalayan orogenic system
Underground deposits of Turkey are mainly result of Alphine-Himalayan orogenic system
Due to the collision of 3 continents with different geologic and techtonic settings, Turkey presents a variety of mineral deposits
Turkey has high likelihood of having porphyry gold and copper deposits such as K??lada? and cuper
In the last decade, mining in Turkey has grown significantly. Big untapped regions in Turkey started to attract miners increasingly. Miners in Turkey do not go deep in the ground and miss the extreme potential created by Tethyan Belt (avg. depth of mines in Turkey is ~100-150m)
Shanghai Clirik Machinery, 24 years experience in mining field, we welcome your inquiry and communication.
candyli@clirik.com
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