What is the primary focus of Akdeniz’s operations in the Eskisehir area?

Akdeniz was established in 1993 with the aim of producing raw magnesite, and it was formed as the first official Turkish-Greek joint venture. Initially, they supplied raw magnesite to Grecian Magnesite. However, following market research, they decided to produce caustic calcined magnesia (CCM). Since their rotary kiln investment in 2011, they have expanded their market presence and specialized in high-quality magnesia from natural magnesite, with a purity of approximately 98%. Their main products include CCM for hydro-metallurgy, electro-fused magnesia (EFM), catalysts, and products for water treatment, agriculture, and animal feed. They export approximately 85% of their products.

What is the current situation in China regarding magnesia production and how does it affect Turkey and Akdeniz?

China has been reducing its magnesia production due to environmental and safety concerns. This has created an opportunity for Turkey and Akdeniz to sell their products to China and other countries around the world. Akdeniz has been selling to China for almost a year and has seen an increase in demand from other countries as well. However, Akdeniz needs to do more exploration to increase its capacity, as it has 42 km2 of licensed land.

What sets Akdeniz apart from other magnesia producers?

Akdeniz is the leading exporter of caustic calcined magnesia (CCM) in Turkey and specializes in high-quality magnesia from natural magnesite with a purity of about 98%. Unlike other magnesia producers in Turkey, who mainly focus on deadburned magnesia (DBM), Akdeniz is one of the few producers of natural magnesia globally. Additionally, Akdeniz has installed a gas pipeline to burn its products with natural gas, which helps to keep impurities out of the final product.