Turkey Discovered 694 Million Tons of Rare Elements: Erdogan's Plan.

According to inkorr.com: The President of Turkey, Recep Tayyip Erdogan, announced plans for the country to take leading positions in the extraction of rare earth elements after significant deposits were found in the Eskisehir province. These elements are necessary for electronics, electric vehicles, renewable energy, and the defense industry.

'10 out of 17 types of rare elements have been found in the Baylikova site, totaling about 12.5 million tons of rare earth element oxides,' Erdogan emphasized.

Geological surveys indicate the presence of deposits totaling 694 million tons, which also contain barite and fluorite. The Turkish leader emphasized the importance of national resource management and dismissed the possibility of transferring deposits to other countries.

Turkey Seeks Technological Partnerships but Is Not Ready to Lose Control Over Deposits

Despite Turkey's openness to international cooperation in the extraction of rare earth elements, Erdogan noted that other countries and companies with the necessary expertise are not eager to share. Turkish authorities are currently negotiating with specialists from technologically advanced countries but do not intend to transfer control over their deposits.

'I want to emphasize especially: transferring the rare earth element deposit in Baylikova to any country is not being considered,' said the President of Turkey.

Today, there is a growing demand for rare earth elements worldwide, which are used in many industrial sectors. Turkey emphasizes the development of this direction, seeking to strengthen its position in the international market and does not plan to give up control over its resources.