İLBAK HOLDİNG

Mining

İlbak Holding has succeeded to take its place as a prominent brand in the mining sector with its companies such as İlan Marble, TETE Albania, Acacia Maden İşletmeleri A.Ş, Kayın Madencilik and MMİ. İlbak Holding actively extracts mines and exports in Turkey and Albania, Kastamonu and Konya provinces in particular.

MINING AND İLBAK HOLDİNG IN TURKEY

In 2023, despite the contraction in global trade, the mining sector broke a new record in Türkiye's export history. While total exports increased by 0.64% to reach 255.8 billion dollars, mining exports made a significant contribution to this growth with a 2.6% share of total exports.

İlbak Holding has managed to become a prominent brand in the mining sector with its companies İlan Marble, TETE Albania, Acacia Mining Operations Inc., Kayın Mining and MMİ. The company actively produces and exports minerals in Türkiye and Albania, especially in Kastamonu and Konya.

In addition, İlbak Investment BV became a shareholder in MCHL Global with a shareholding of USD 12 million and acquired a 4.23% stake in Traxys.