Project and Investments
Projects and Investments
The total capital expenditure of our Organization between 2004 and 2014 amounts approximately to 1.1 billion TL. These expenditures were made for the investments which have become operational, including about 100 million TL for those in the Headquarters, 200 million TL for those in Bandırma Boron and Acid Works, 500 million TL for those in Kırka Boron Works, 200 million TL for those in Emet Boron Works and 100 million TL for those in Bigadiç Boron Works.

ETI MINE WORKS GENERAL DIRECTORATE’S PROVINCE-BASED CAPITAL EXPENDITURES 2002-2014
EXPENDITURES ARE SHOWN OVER CURRENT YEAR PRICES. DOLLAR EXCHANGE RATES ARE TAKEN ON A YEARLY BASIS
 
ETI MINE WORKS GENERAL DIRECTORATE
PROVINCE-BASED CAPITAL EXPENDITURES 2002-2014
Province Enterprise Unit 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
(UNTIL NOVEMBER)
2002-2014 TOTAL EXPENSES
 
 
 
Balıkesir
 
Bandırma Boron and Acid Factories
-thousand TL 62.091 11.396 9.874 7.391 9.625 14.847 16.718 42.619 20.392 21.001 38.059 7.573 11.330 272.916
-thousand USD 41.202 7.453 6.910 5.507 6.762 11.408 12.931 27.548 13.591 12.568 21.235 3.981 5.252 176.310
 
Bigadiç Boron Works
-thousand TL 5.214 2.782 619 4.856 9.223 11.816 3.359 6.008 19.686 20.187 9.679 11.798 933 106.220
-thousand USD 3.460 1.819 433 3.618 6.445 9.079 2.598 3.883 13.121 12.081 5.400 6.202 460 68.599
 
Balıkesir Total
-thousand TL 67.305 14.178 10.493 12.247 18.848 26.663 20.077 48.627 40.078 41.188 47.738 19.371 12.323 379.136
-thousand USD 44.662 9.273 7.343 9.125 13.170 20.486 15.529 31.431 26.712 24.649 26.635 10.183 5.712 244.909
 
Eskisehir
 
Kırka Boron Works
-thousand TL 2.186 1.937 5.556 5.671 17.529 14.603 50.285 87.515 49.230 11.061 43.234 113.820 94.320 496.947
-thousand USD 1.451 1.267 3.888 4.225 12.249 11.220 38.893 56.567 32.811 6.619 24.122 59.833 43.721 296.867
 
Kütahya
 
Emet Boron Works
-thousand TL 45.076 18.395 4.967 3.938 2.819 3.152 9.751 30.074 31.180 20.782 14.570 60.197 20.024 264.925
-thousand USD 29.911 12.031 3.476 2.934 1.970 2.422 7.542 19.439 20.781 12.437 8.129 31.644 9.282 161.998
Ankara
İstanbul
İzmir
 
Headquarters
-thousand TL 5.788 2.178 3.755 3.774 5.296 3.692 5.282 6.825 6.148 15.626 13.234 15.197 12.213 99.008
-thousand USD 3.841 1.424 2.628 2.812 3.701 2.837 4.085 4.411 4.098 9.351 7.384 7.989 5.661 60.222
 
ETI MINE WORKS GENERAL DIRECTORATE (Total)
-thousand TL 120.355 36.688 24.771 25.630 44.492 48.110 85.395 173.041 126.636 88.657 118.776 208.585 138.880 1.240.016
-thousand USD 79.864 23.995 17.334 19.097 31.089 36.965 66.049 111.849 84.401 53.056 66.270 109.649 64.377 763.996
*EXPENDITURES ARE SHOWN OVER CURRENT YEAR PRICES. **DOLLAR EXCHANGE RATES ARE TAKEN ON A YEARLY BASIS
 
 
Our significant investments which became operational as of 2002 in our directorates in Emet-Kütahya, Kırka-Eskisehir, Bandırma-Balıkesir, Bigadiç-Balıkesir where our Organization operates, are given below:
OUR SIGNIFICANT PROJECTS ACHIEVED BETWEEN 2002 AND 2014
  PROJECT NAME CAPACITY INVESTMENT AMOUNT
(-MILLION TL)
COMMISSIONING DATE EMPLOYMENT
(PERSON)
ANNUAL YIELD
(-MILLION TL)
1 Kırka 3rd Boron Derivatives Plant 160.000 tons/year Borax Pentahydrate 22,9 June 2001 194 56,0
2 Bandırma Sulphuric Acid Plant 240.000 tons/year Sulphuric Acid Production 83,60 December 2004 83 60,0
3 Emek New Boric Acid Plant 100.000 tons/year Boric Acid 102,4 October 2013 165 50,0
4 Bigadiç 2nd Boron Grinding 200.000 tons/year Grinded Colemanite 12,8 March 2007 37 70,0
5 Capacity Increase of Bigadiç Concentrator Plant 325.000 tons/year Run-of-Mine Processing 4,0 August 2007 53 21,1
6 Expansion of Sodium Perborate Plant Additional 14.000 tons/year 2,9 December 2007 22 7,3
7 Calcined Tincal 5.000 tons/year 0,3 September 2007 15 3,0
8 Kırka Packing Plant and Warehouse Building 55 tons/hour Packing 3,3 2007 20 -
9 Bandırma Boron Oxide Plant (1st and 2nd Unit) 2.000 tons/year Boron Oxide 2,2 1st Unit 11.2005, 2nd Unit 15 4,4
10 Expansion of Bandırma Borax Decahydrate Plant Additional 60.000 tons/year Borax Dec. 5,1 March 2008 - 5,3
11 Anhydrous Borax Production Plant (Service Procurement) 5.000 tons/year Anhydrous Borax 7,5 March 2008 - 4,0
12 Agricultural Boron (Etidot-67) Production Plant 8.000 tons/year Etidot-67 3,4 November 2009 15 9,0
13 Kırka Borax Decahydrate Production from Dilute Solution 80.000 tons/year Borax Decahydrate 6,9 November 2009 20 22,0
14 New Steam Boiler 130 tons/hour Steam 24,2 August 2010 26 -
15 Single-Level Penta Production 3*50 t/h ore feeding 44,8 2010 99 10,2
16 Rehabilitation of Stock Yards Rehabilitation 6,5 November 2010 29 -
17 Capacity Increase of Camkoy Tailings Dam 4 million m3 capacity increase 3,1 October 2011 - -
18 Bigadiç Concentrator and Grinding Plant (Grinding) 400.000 tons/year Grinded Col. 24,9 November 2011 134 136,0
19 Modernization of Port Loading Plant Modernization 3,1 February 2011 - _
20 Expansion of Emet Boric Acid Plant 120.000 tons/year Boric Acid 57,8 April 2011 100 54,0
21 4th Borax Decahydrate Plant 240.000 tons/year Borax Pentahydrate 87,0 February 2011 186 100,0
22 Modernization of Bandırma Borax Plant Modernization 7,0 First Quarter 2013 4 -
23 Modernization of Bandırma Boric Acid Plant Modernization 23,0 First Quarter 2013 6 -
24 Vitreous Boron Oxide 6.000 tons/year Vitreous Boron Oxide 7,8 First Quarter 2013 34 13,0
25 Capacity Increase of Anhydrous Borax 6.000 tons/year 2,5 2014 - 3,8
26 Upgrading of Kırka Pond Embankments 4.950.000 m3 volume increase 7,4 2014 - -
27 Emet Multipurpose Boric Acid Production Plant 50.000 tons/year 20,0 2014 25 28
28 Grinded Product Homogenizing Plant 700.000 tons/year 7,4 2014 - -
29 Boron Master Exploration Project Exploration – Drilling 23 2014 - -
30 Pneumatic Conveying and Loading Plant Infrastructure – Construction 5,6 2015 - -
31 Degirmenozu 2nd Packing Plant and Warehouse Building Infrastructure – Construction 10 2015 15 -
32 Rehabilitation of Hisarcik-Espey Tailings Dam Rehabilitation 2,8 2015 - -
  TOTAL 2002-2014   625,2   1291 657,1
 
 
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