The National Mining Company “Tau-Ken Samruk” Attracts Turkish Investors to Joint Exploration Activities

On May 10, two agreements on future partnership were signed in Ankara during the visit of the President of Kazakhstan to the Republic of Turkey. JSC NMC Tau-Ken Samruk concluded an agreement with Esan Eczacıbaşı on the establishment of a joint venture for implementation of a project for the exploration of solid minerals. A Memorandum of Understanding was signed with Lidya Madencilik.

For information: Esan Eczacıbaşı (hereinafter – Esan), a wholly-owned subsidiary of the mining company of Eczacıbaşı Holding, founded in 1978.Today Esan is one of the leading industrial producers of mineral and metallic minerals in Turkey and the only producer of primary magnesium in Turkey and Europe. As a supplier of high-quality minerals, industrial materials and equipment, Esab sells more than 150 products for industry in 50 countries. Eczacıbaşı Holding is an industrial group consisting of 44 companies, has 11,400 employees, turnover in 2021 amounted to about USD1 billion.

Lidya Madencilik (hereinafter – Lidya), a 100% subsidiary of Çalik Holding, established in July 2010. Çalik Holding is a Turkish company operating in the energy, construction, mining, textile, financial and telecommunications sectors since the 1980s.  Çalik Holding employs more than 28,000 people in 17 countries, with assets estimated at USD10.3 billion.