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Turkey's Mining Association President Mehmet Yılmaz announced plans for a mining exchange aimed at improving financing and price transparency for strategic minerals. The exchange will focus on gold, copper, boron, and rare earth elements, providing more predictable market conditions.

An application has been made to the Capital Markets Board, targeting operational launch in 2026. Yılmaz highlighted that gold prices have reached a new normal of $5,000 per ounce, affecting the economy negatively, particularly concerning imports.

The mining export increased by 3.4% to $6.2 billion last year, with significant contributions from natural stones and metallic ores. Collaborations with Canada on mining technologies are also anticipated.