President Recep Tayyip Erdoğan inaugurated Türkiye's strategic facility for boron processing, Bandırma Boron Carbide Production Plant in Balıkesir.
Addressing the inauguration ceremony, President Erdoğan stated that the plant, with an investment value close to USD 80 million, will be the world's first of its kind.
Emphasizing that Türkiye is in an advantageous position in the transformation of global production hubs given its logistical advantages, qualified labor force, raw material potential, and proximity to developed countries' markets, President Erdoğan said, “The robust infrastructure we have built in our country over the past two decades in every area, from education to healthcare, security to justice, transportation to energy, manufacturing to agriculture, and sports to social security, constitutes the foundation of this advantage. With the Century of Türkiye Vision, we remain committed to placing our country among the world's top ten economies."
The Bandırma boron carbide plant is significant not only in terms of increasing the added value of boron mining, but also in terms of the strategic contribution it will make to Türkiye. When fully operational, it will employ 279 people and produce 1,000 tons of boron carbide annually.