Turkey Prepares to Launch Mining Exchange in 2026

Turkish Miners Association President Mehmet Yılmaz announced that a mining exchange will be operational by 2026 to enhance financing opportunities and price transparency in the sector.

Turkey Prepares to Launch Mining Exchange in 2026

Countdown Begins for Mining Exchange Mehmet Yılmaz, President of the Turkish Miners Association (TMD), has announced the establishment of a mining exchange in Turkey aimed at expanding financing opportunities and increasing price transparency within the mining sector.
This strategic objective, which is also included in the national Development Plan, is expected to provide reference price formation for critical minerals such as gold, copper, boron, and rare earth elements.
Following regulatory approvals, operations are projected to begin in 2026.
It is noted that EPİAŞ's experience in energy markets will provide a significant advantage in the technical and operational structure of the exchange.
In 2025, Turkey imported a total of 126.3 tons of gold.
During the same period, the Turkish State Mint produced 49.7 tons of jewelry and coinage gold, highlighting the country's dependence on imports.
On the silver side, imports nearly doubled last year to reach 860 tons, driven by rising demand in the solar panel and electronics industries.
Export Performance and Safety Standards Mining exports increased by 3.4% last year, reaching $6.2 billion.
Natural stone exports stood at $2 billion, while metallic ores reached $2.3 billion.
Despite a contraction in the Chinese market, global balancing was achieved through growth in the Spanish and U.S.
markets.
To raise safety standards in the sector, a "Safe Mining Forum" has been established, with reporting aimed to align with International Council on Mining and Metals (ICMM) standards.
Additionally, plans are underway to enhance cooperation with Canada regarding technology and financing.

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