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The Turkish Ministry of Energy and Natural Resources recently announced on its official website that the government has discovered 694 million tons of rare earth elements in the Beilikova region of Eskisehir, Turkey. Energy and Natural Resources Minister Fatih said drilling began in 2011 and after thorough analysis of the samples collected, 694 million tonnes of rare earth elements were discovered. Fatih revealed that after completing the relevant research and development work, it is expected to start the construction of industrial facilities within this year, and the ultimate goal is to produce high value-added products. According to Turkish local media reports, Metin Cekink, a board member of the Istanbul Minerals and Metals Exporters Association, said that Turkey’s rare earth reserves can meet the world’s needs for 1,000 years. (CCTV News)
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