At a Glance
Demir Co. Ltd. was established in partnership with Koçtaş and Tetico.
The trade name of the company was changed to Demir Export A.Ş.
Iron ore production and domestic/international sales activities were initiated in Sivas Çetinkaya and pickling contracting works were started in Sivas Divriği.
Mining licenses for the iron mines in Sivas Otlukilise, Balıkesir Şamlı and Eğmir and for the lead and zinc mines in Giresun Harşit were acquired.
Lignite coal pickling contracting works were initiated in the Çanakkale region.
The tender for the Soma Işıklar Panel over-the-coal pickling contracting works, put out by the Turkish Coal Enterprise, was won.
Base metal concentrate production and exportation started at Giresun Harşit Lead Zinc Facility.
It was decided to focus on mineral exploration activities and the relevant works have been started in Giresun Lahanos, Killik and Güney Espiye copper projects.
Copper concentrate production and exportation started at Giresun Lahanos Copper Facility.
It was decided to invest in the production of ballast and open a branch in United Arab Emirates.
Lump chrome and chrome concentrate production and exportation started from Bursa Harmancık and Güdecek chrome mine sites.
The Manisa Soma Eynez Eastern Underground coal production tender, put out by Turkish Coal Enterprises, was won. Demir Export Inc. and Fernas Inc. Ordinary Partnership (DEF) was established.
The coal production and delivery tender, which was renewed following the privatization of Kangal Thermal Power Plant, was rewon. It was decided to invest in Sivas Bakırtepe Gold Project. Ferrocom Mining Co., which has been operating in the contiguous area of Divriği Iron Works, was acquired. Copper-zinc ore was discovered in Erzurum İspir mite site.
Coal production started at Eynez Coal Facility, the most modern underground coal mine in Turkey.
The first gold dore casting was carried out at Bakırtepe Gold Facility, Turkey's first 100% domestic capital gold mine.
Divriği Iron Facility, Turkey's top quality iron ore producer, restarted exportation to Europe after a 45-year hiatus.
Demir Export - Fernas Construction joint venture acquired the mining license for the area 86073 (Eynez 2) within the scope of the tender out by Turkish Coal Enterprises for the mining licenses in Eynez Basin.
DEFAŞ Mining Industry and Trade Inc. was established to carry out the Eynez 2 project, and the relevant mining license was transferred to DEFAŞ and the investment period began.
It was decided to invest in the İspir Copper - Zinc Project.
Ireland Inis Gold Project has been launched.