Turkey's Largest Copper Mine Site Was Up for Auction

In the auction for the establishment of a facility for end and side end product production in the area of Elazig-Adıyaman, known as Turkey's largest copper mine field, Port Mining Trade Inc. made the highest bid of 2 billion 205 million liras. The tender, which was held by the Ministry of Energy and Natural Resources, General Directorate of Mining and Petroleum Affairs (MAPEG), was held at the General Directorate Conference Hall. The auction continued with the same bid by both firms after the guarantees and offers of Port Mining Trade Inc. and Çelikler Taahhüt Construction and Industrial Inc., which participated in the tender, were presented to the commission using the closed envelope procedure. Port Mining Trade Inc. made the highest bid of 2 billion 205 million liras by auction method in the tender, which was held on the condition of establishing a facility for end and side end product production in Turkey's largest copper mine field numbered "ER: 3419460" located within the provinces of Elazig-Adıyaman. According to the proposal given by Port Mining Trade Inc., the capacity of the existing side-end product facility will be increased or a new side-end product facility will be established in 3 years, 11 months and 28 days. The rate of domestic equipment to be used in end-product or by-product facilities will be at least 66 percent. In the auction, Çelikler Taahhüt Construction and Industrial Inc. gave an offer of 2 billion 100 million TL.