Türkiye to Establish Mining Exchange by 2026 for Enhanced Financing and Price Transparency
Türkiye plans to launch a mining exchange in 2026 to improve financing options and price transparency in the mining sector, according to the Turkish Miners Association. The initiative is part of the country's 12th Development Plan (2024-2028) and aims to establish reference prices for strategic minerals. The exchange will be based at the Istanbul Financial Center, with an application submitted to the Capital Markets Board. Türkiye's gold production is projected to decline, while mining exports rose 3.4% to $6.2 billion in the previous year.
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Türkiye is set to establish a mining exchange aimed at enhancing financing options and price transparency in the sector, with a planned launch in 2026 pending regulatory approval. The Turkish Miners Association has indicated that the initiative is part of Türkiye's 12th Development Plan (2024-2028) and will create reference prices for minerals like gold and copper.
The exchange will operate from the Istanbul Financial Center. Türkiye's gold production is expected to fall to 28.4 tons by 2025, while mining exports increased by 3.4% to $6.2 billion last year. The country has signed mining agreements with Niger, Sudan, Somalia, and Uzbekistan.
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