Newsletters
Türkiye is moving to scale up its Beylikova rare earth project with a planned $600 million investment, aiming to enter the world’s top five producers as it shifts from pilot operations to full industrial output, Energy and Natural Resources Minister Alparslan Bayraktar said.
"Beylikova is a project the whole world is watching. We aim to rank among the top five globally in rare earth elements," Bayraktar said, noting that the country is stepping into a more competitive league in critical minerals.
The investment will cover three facilities, and once completed, the project is expected to generate close to 1,500 jobs in Eskisehir, strengthening the city’s role as a key industrial hub, Bayraktar said.
Highlighting the region’s resource base, Bayraktar described Eskisehir as a central hub for mining and industry, underlining its rich mineral diversity and its role in hosting globally significant boron reserves.
He added that the new investments could push the city into a leading position in Türkiye’s industrial landscape, with mining acting as a driver of broader economic activity.
The minister also signaled a shift in strategy, emphasizing that Türkiye is looking beyond raw material extraction.
"We should not limit ourselves to raw materials. We need to transform them into intermediate and final products," he noted, pointing to a value-added approach in mining policy.
Environmental considerations and worker safety remain central to the project, he added, stressing that mining activities should align with environmental standards rather than operate at their expense.
According to the Energy Ministry, the site in Beylikova holds 694 million tons of rare earth elements, making it the world’s second-largest reserve after China’s 800 million-ton Bayan Obo deposit, with these strategically critical minerals used across energy, defense, and technology sectors.
Set as preferred source
Set as preferred source
1 min read
1 min read
