Eti Maden is a prominent Turkish state-owned mining and chemicals company specializing in boron products. The company holds a significant position in the global boron market, with a monopoly on mining borate minerals in Turkey, which possesses 72% of the world's known boron deposits. In 2012, Eti Maden achieved a 47% share of the global borate minerals production, outpacing major competitors such as the Rio Tinto Group.
Founded in 1935 as Etibank, the company initially focused on financing the extraction of Turkey's natural resources. In 1993, after the privatization of its banking operations, Eti Maden restructured to concentrate on mining activities under the name Eti Holding A.Ş. By 2004, it rebranded as Eti Mine Works. The headquarters is located in Etlik, Keçiören, Ankara, Turkey.
Eti Maden offers a diverse range of boron minerals and refined products, including colemanite, boric acid, boron oxide, and various forms of borax. With multiple production facilities in key regions like Kirka, Emet, Bandirma, and Bigadic, the company serves a variety of sectors such as agriculture, cleaning, metallurgy, ceramics, wood protection, and glass. The company prides itself on innovation, continuous development, and sustainability, contributing significantly to enhancing agricultural yields, effective cleaning agents, and improved insulation materials.
Eti Maden exports over 95% of its production to numerous international markets. The company's subsidiaries, like AB Etiproducts OY, enable widespread distribution of Eti Maden's products in regions such as Scandinavia, Eastern Europe, Russia, Central Asia, and Africa. Emphasizing its commitment to sustainability and social responsibility, Eti Maden continues to play a pivotal role in both Turkey's economy and the international boron market.
Etimine USA is a prominent player in the boron industry, uniquely positioned as a top supplier specializing in the production and distribution of boron products. These products are crucial across various industries including Agriculture, Cleaning, Metallurgy, Ceramics, and Glass. The company's diverse range of borates includes refined and natural boron products such as Boric Acid, Boron Oxide, and Etibor 48.
Founded in 2000, Etimine USA serves as the North American and Central American sales office for Eti Maden, the world's leading producer of boron mineral ores, boric acid, sodium borates, and related chemicals. With its headquarters in Hackensack, New Jersey, Etimine USA operates within a robust global network spanning facilities in Turkey for raw material sourcing.
Etimine USA's operations are supported by strategically located warehouses in Wilmington, Delaware; Savannah, Georgia; Houston, Texas; and Kent, Washington, ensuring efficient shipping solutions. Their products range from high-purity boric acid to various borax forms and boron oxide, meeting the needs of international markets across North America, South America, and Europe.
With over two decades of experience, Etimine USA is dedicated to innovation and sustainability, continuously evolving its product line to align with market demands. The company’s commitment to quality and customer service has been pivotal in establishing its reputation in the industry.
Future endeavors for Etimine USA include expanding product lines and improving supply chain processes to better serve their global clientele, underscoring their role as a key player in the global boron supply chain.
Etimine SA stands as a prominent supplier in the boron products industry. Renowned globally, the company is dedicated to advancing the applications and benefits of boron in various sectors. As a subsidiary of Eti Maden, the world's largest producer of boron minerals and chemicals, Etimine SA leverages extensive resources and expertise to offer a comprehensive range of high-quality boron products.
Specializing in refined and natural borates, Etimine SA's product line includes essential compounds such as Boric Acid, Boron Oxide, ETÄ°BOR 48, ETÄ°DOT 67, and COLEMANITE. These products cater to a wide range of industries including Agriculture, Cleaning, Metallurgy, Ceramics, Energy, and more. Such versatility underscores the critical role of boron in modern industrial applications.
Founded in 1984, Etimine SA is headquartered in Luxembourg and operates as the exclusive sales agent and distributor of Eti Maden’s boron products across Europe (excluding Scandinavia and the Baltics). The company also maintains a substantial presence in the United States, with operations in Hackensack, New Jersey, and several distribution warehouses across the country.
Part of a larger conglomerate that holds a monopoly on borate mining in Turkey—which accounts for over 72% of the world's boron reserves—Etimine SA is strategically positioned to supply nearly half of global boron needs. This intrinsic advantage ensures a robust and reliable supply chain.
Etimine SA emphasizes sustainability and innovation, continually adapting to market demands and ensuring that it remains at the forefront of technological advancements in the boron industry. Its commitment to quality and efficiency, alongside a well-founded history of reliability, positions Etimine SA as a leader in the boron market. With a dedicated workforce of 11-50 employees, the company is oriented towards fulfilling diverse customer requirements through superior product offerings and technical support.
Etimine GMBH is a prominent player in the global boron products market and operates as a subsidiary of Eti Maden, the world's leading producer of boron minerals. Based in Germany, Etimine GMBH serves as a crucial supply channel to European clients, offering a diverse range of refined and natural borate products. Their key offerings include Boric Acid, Boron Oxide, Etibor 48, Etibor 68, and various forms of Borax, such as pentahydrate and anhydrous forms.
Founded in 1993, Etimine GMBH has established a strong presence in international markets, exporting to regions like Scandinavia, Eastern Europe, and Central Asia. The company's logistical network is extensive, featuring warehouses located in Romania, Slovenia, Italy, Spain, the Netherlands, the United Kingdom, and Austria. This strategic positioning facilitates efficient distribution and timely supply to a broad customer base.
The company not only focuses on the supply of boron products but also on sustainability and continuous research and development, adhering to strict quality standards. By maintaining a competitive edge through innovation and environmental care, Etimine GMBH ensures that its production processes minimize waste and ecological impact.
Etimine GMBH operates within the larger framework of Eti Maden, which controls around 72% of the world's known boron reserves and meets nearly 50% of global boron demands. This relationship enables Etimine GMBH to leverage significant resources and expertise in the boron industry, contributing meaningfully to various sectors, including agriculture, glass manufacturing, ceramics, and chemicals.
Eti Products OY is a Finnish company based in Helsinki, established in 1982. It operates as a subsidiary of Eti Maden IGM, Turkey's largest and oldest state-owned mining company founded in 1935. The company specializes in boron and boron-based products, playing a crucial role in various industries, including Agriculture, Metallurgy, Ceramics, and Glass.
Eti Products OY offers a range of refined and natural borates such as ETÄ°BOR 48 and ETÄ°DOT-67. The company is recognized for its expertise in the production and marketing of boron minerals including boric acid, boron oxide, colemanite, ulexite, and tincal. These products are vital for enhancing plant growth in agriculture and providing significant advantages in glass manufacturing.
With a strong logistics network and warehouses across multiple countries, including Finland, Sweden, Latvia, Poland, and South Africa, Eti Products OY efficiently addresses the global demand for boron chemicals. The company holds exclusive marketing rights for Turkish boron products in regions such as the Nordic countries, Poland, the Baltic States, and the CIS countries.
Despite fluctuating economic conditions, Eti Products OY demonstrated resilience in 2023, recording revenue of approximately 85.39 million euros. The company's strong operational framework and commitment to sustainable practices underscore its adaptability and dedication to quality and customer satisfaction. Employing between 11 and 50 individuals, Eti Products OY remains a key player in the global boron market, consistently innovating and expanding to meet the growing demand for high-quality boron products worldwide.
Eti Products RUSSIA operates as a key subsidiary of Eti Maden, the world's leading boron producer. Established in 1982, Eti Products RUSSIA is pivotal in the marketing and distribution of boron products across various regions, including Eastern Europe, Russia, Central Asia, and Africa. With a diverse range of boron derivatives, the company provides products such as Boric Acid, Boron Oxides, Colemanite, Tincal, and Ulexite.
Based strategically in Russia, the company serves numerous export markets, including but not limited to Finland, Sweden, Norway, Iceland, Estonia, Latvia, Lithuania, Ukraine, Russia, Moldova, Kazakhstan, Uzbekistan, and Iran. This extensive market reach is facilitated by a robust logistics network, ensuring seamless distribution to over 216 ports in 90 countries.
Eti Products RUSSIA's specialization extends across multiple industries such as Agriculture, Glass, Metallurgy, Health, and Cleaning, emphasizing the versatility and wide applicability of boron products. Their refined boron offerings are noted for their quality and innovation, making them indispensable in various industrial applications.
Although the company is headquartered in various locations throughout Russia, including Azov and Moscow, its operations extend widely, aligning with Eti Maden's global expansion strategy. As part of the larger Eti Maden group, which owns 72% of the world’s known boron reserves, Eti Products RUSSIA enjoys a significant share in the global boron market.
Since its inception, Eti Products RUSSIA has built a reputation for reliability and sustainability, driven by a commitment to meet the diverse needs of its customer base. By upholding values of quality and innovation, the company continues to contribute substantially to both Turkey's and the global economy.
Etimine ASIA operates as a key player in the global boron industry, serving a diverse array of sectors with its high-quality boron products. As a critical subsidiary of the Eti Maden Group, Etimine ASIA leverages Turkey’s substantial boron reserves, with Eti Maden controlling 72% of the world’s boron resources. The company focuses on the production and distribution of refined borates such as boric acid, boron oxide, and borax decahydrate, as well as natural borates like ulexite and colemanite.
Etimine ASIA specializes in catering to various industries including agriculture, cleaning, metallurgy, ceramics, and energy. Its strategic location in Asia enables efficient export of boron products to key markets in East Asia, South Asia, and other emerging regions. The company is known for its commitment to quality and innovation, underpinned by robust R&D capabilities facilitated by Eti Maden. These efforts help in introducing new boron compounds and enhancing production methods.
Founded in the early 2000s, Etimine ASIA has established itself as a competitive player, focusing on transforming Turkey’s boron resources into high-value products. In 2012, the company reported a revenue of $850 million and continued to grow, recording a revenue of $100 million in 2023. With a workforce of approximately 200 employees, Etimine ASIA emphasizes sustainability and customer satisfaction, which drives its continuous growth and innovation in the boron sector.
Orocobre is a leading supplier in the mineral and chemical industry, specializing in lithium and boron production. The company is renowned for its flagship project, the Olaroz Lithium Facility in the Puna region of Argentina, which provides a significant source of lithium brine. Orocobre's top products include lithium carbonate and boron, essential components for electric vehicle batteries and renewable energy storage systems.
Founded in 2008, Orocobre has rapidly established itself as a key player in the lithium market. The company has made strategic investments and expanded its operations, including a merger with Galaxy Resources in August 2021, creating one of the top five global lithium chemicals companies by market capitalization. This merger has enhanced Orocobre's production capacity and positioned it strongly within key export markets.
Orocobre exports its products globally, focusing on regions such as North America, Europe, Japan, South Korea, and Asia. The increasing demand for lithium-ion batteries drives the company's growth, particularly in the electric vehicle and renewable energy sectors. Orocobre is also advancing the Naraha Lithium Hydroxide Plant in Japan, in partnership with Toyota Tsusho Corporation, further diversifying its product portfolio.
Committed to sustainability, Orocobre adopts advanced extraction technologies to minimize environmental impact. The company’s strategic location and focus on environmentally friendly practices make it a preferred supplier for global stakeholders.
With a revenue of approximately $769 million in 2022 and a workforce of around 350 employees, Orocobre continues to innovate and expand its operations to meet the growing global demand for lithium and boron products.
US Borax, part of the Rio Tinto Group, is a leading supplier in the boron industry, specializing in the mining, production, and supply of borates. As a cornerstone in the field, the company has developed a reputation for high-quality products that cater to various industrial sectors, including glass manufacturing, agriculture, and chemicals.
Founded in 1872, US Borax operates the largest borax mine in the world, situated in Boron, California. This location has become crucial for the extraction of borates, making the company a pivotal player in the global market. US Borax's top products include boric acid, borax, Optibor, Firebrake, and Dehybor. These items are essential for use in numerous applications, such as fiberglass production, fuel additives, fire retardants, wood preservatives, and fertilizers.
The company exports its products worldwide, with significant markets in Asia, Europe, and North America. This extensive reach underscores US Borax's commitment to meeting the global demand for boron-based materials. Additionally, their focus on sustainability and innovative processes helps solidify their leadership position within this niche industry.
US Borax's historical significance is notable, dating back to its early beginnings when borax was discovered by John K. Suckow in 1913. Over the decades, the company has evolved by merging with other notable firms like the Pacific Coast Borax Company and United States Potash Corporation in 1956, continually pushing the envelope in mining technology and sustainable practices.
The company prides itself on a longstanding tradition of quality and reliability, backed by collaborative efforts with industry leaders, educational institutions, and community groups. This ensures that their boron products meet the highest standards of purity and performance, making them an indispensable part of modern industrial processes.
Indian Rare Earths (IREL) is a leading company in the extraction and processing of rare earth elements, playing a crucial role in the global supply chain for these essential materials. Established in 1950, IREL operates under the Department of Atomic Energy and is headquartered in Udyogamandal, Kerala, India. With a significant history in the industry, IREL has advanced the technology for processing rare earths and other strategic minerals.
IREL's top products include a variety of rare earth oxides such as neodymium and praseodymium, heavy minerals like ilmenite, rutile, zircon, garnet, and sillimanite, as well as rare earth compounds including lanthanum carbonate and cerium(III) carbonate. These products serve critical industries such as electronics, renewable energy, automotive, and defense, thanks to their unique properties.
Operating several production facilities, including the Rare Earths Division in Aluva and the Odisha Sand Complex (OSCOM), IREL covers extensive mining and refining activities. Notably, OSCOM is the company's largest division, contributing significantly to its production capacity. Additionally, IREL manages eight mines across India and has plans to expand this number to eleven over the next four years.
IREL maintains a robust export market, with notable exports to regions such as North America, Europe, and Asia. These markets demand high-purity rare earth oxides and other strategic materials, cementing IREL's position as a global player. The company also exports ilmenite to South Korea, showcasing its capability to meet international demands.
Despite India's substantial deposits of rare earths, including boron, production remains modest. However, IREL's strategic initiatives aim to boost mining and refining capabilities significantly. The company is poised to increase its ore production to 50 million tons annually by 2032, enhancing its contribution to India's clean energy sectors and technological advancements.
The Turkish Borax & Chemical Company is a significant player in the global boron industry. Specializing in the production and supply of high-quality boron-based products, the company has positioned itself as a leading supplier, backed by Turkey's vast boron reserves.
Among its top products are refined boron compounds like Boric Acid, Boron Oxide, Borax Pentahydrate, and Anhydrous Borax, as well as natural borates such as Colemanite, Tincal, and Ulexite. These products have extensive applications across multiple industries including agriculture, glass manufacturing, ceramics, and detergents.
The company exports over 95% of its production to diverse markets globally, particularly focusing on Europe, North America, and Asia. Significant export destinations include the USA, China, and several countries across the Asia Pacific region.
Strategically located in Turkey, which holds approximately 73% of the world's boron reserves, Turkish Borax & Chemical Company benefits from its proximity to these rich deposits. Major operational facilities are located in Eskişehir, Balıkesir, Kütahya, and Bursa.
Founded in 1935 as part of Eti Maden, the Turkish Borax & Chemical Company has a long-standing history in the mining and chemical industries. Over the years, the company has maintained a strong commitment to innovation, sustainability, and high-quality production, ensuring its place at the forefront of the boron market.