Antimony mine, which is included in the mining activities of our Group, is among the critical minerals with high economic importance in terms of supply security by the European Union. Likewise, it is among the critical minerals selected by the US National Geological Survey and is shown among the metals that will be the first to be depleted.
The Antimony mine site, which is acquired in 2015 for only USD 1 million, despite having liquid assets of approximately USD 1.5 million on its balance sheet, has been continuing its production activities since the date of acquisition.As stated at this point, Antimony prices, which are among the strategic metals and critical for supply security, have increased more than 4 times in the last 1-year period and reached approximately USD 45,000 per ton.
In this context, our group aims to maximize its Antimony production activities in 2025 in line with current developments and to achieve an EBITDA contribution of approximately USD 12 Million from this business area only at current price levels.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
