Historical Record Target in Boron Sector from Eti Maden
During the discussions held at the Parliamentary SOE Committee, Eti Maden's growth strategies and financial expectations for the upcoming period were discussed.
While the accounts of Eti Maden Operations for the years 2023 and 2024 were being discussed at the Grand National Assembly of Turkey (TBMM) State Economic Enterprises Committee, it was announced that the institution will break a record in 2026 with sales revenue of 1 billion 560 million dollars.
Parliamentary SOE Committee Discussions
The financial accounts of the General Directorate of Eti Maden Operations for the years 2023 and 2024 were handled in detail at the TBMM State Economic Enterprises Committee.
Strategic Importance of Critical Minerals
Drawing attention to the transformation of mining globally in the presentation made at the committee, it was stated that critical minerals directly affect countries' strategic power, ranging from energy security to the defense industry.
Expansion of the Global Market
It was emphasized that Eti Maden products reach over 10,000 users in more than 100 countries across 6 continents, and its share in the world boron market stands at 61 percent.
2026 Sales Targets
According to the information shared by company officials, it is targeted to break a new historical record in 2026 by achieving 2 million 700 thousand tons of sales and 1 billion 560 million dollars in revenue.
Data from Previous Years
It was conveyed at the committee meeting that the institution generated 1 billion 320 million dollars in revenue in 2024, and 1 billion 260 million dollars in revenue in exchange for 2 million 425 thousand tons of sales in 2025.
Future Projections
In the upcoming three-year period, an increase of 18 percent in terms of quantity and 50 percent in terms of revenue is projected compared to 2025.
Dividend to be Transferred to the Treasury
The amount of dividend to be transferred by Eti Maden to the Ministry of Treasury and Finance in 2026 is planned to be at the level of 20.2 billion liras.
Acquittal of Accounts
Following the completion of the comprehensive presentations and evaluations at the committee, Eti Maden's accounts for the years 2023 and 2024 were acquitted unanimously.