Turkey in Strategic Talks with the US for Rare Earth Mineral Reserves

Turkey has reached the stage of conducting significant talks with the United States to develop its rare earth element reserves located in Western Anatolia. This development indicates that Ankara is turning to Washington, its NATO ally, following uncertainties regarding technology transfer and refining rights with China and Russia.

According to reports from Bloomberg News, a collaboration is planned between Turkey and the U.S. to develop a large rare earth deposit discovered in the Beylikova district of Eskişehir, which contains strategic elements such as cerium, praseodymium, and neodymium. The two countries are in search of a potential partnership to take the first steps in this process.

Turkey's rare earth reserves are considered to have strategic importance, especially in energy and defense industries. The increasing demand for rare earth elements in international markets is enhancing the significance of Turkey's cooperation with the U.S. In this context, the steps Turkey will take to ensure its national energy security and reduce dependency on foreign sources are of great interest.

As a result of the negotiations, Turkey is expected to increase its control over rare earth elements and realize its potential in this field. Furthermore, this situation may lead to significant developments not only in the economic sector but also in military technology and defense.

The invalidation of previous agreements with China stands out as another element emphasizing the importance of this collaboration. Experts believe such moves will provide Turkey with an advantage, especially in terms of international competition.

Additionally, Turkey's strategic relationship with the U.S. is seen as an important step that will attract the attention of local and international investors while also enhancing the growth potential of certain industrial sectors within the country.