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Turkish companies step into Azerbaijan's mining industry

Turkish companies step into Azerbaijan's mining industry
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Aliyev transfers ore deposits in Karvachar region to Turkish companies


Aliyev transfers ore deposits in Karvachar region to Turkish companies
Azerbaijani president Ilham Aliyev has signed an order on the transfer of three ore deposits in Karvachar region to two Turkish companies for a period of 30 years. The ore deposits in question are “Gaskhay”, “Elbedash” and “Agduzdag”, the local source reported. 
To remind, the region was handed over to Azerbaijan as part of the trilateral statement signed on November 9 last year, ending the 44-day war in Nagorno Karabakh. 
According to reports, the study, exploration, the development and operation of the Gashughary mine deposit on the basis of the contract for a period of 30 years is transferred to the company ETI Bakır A.ş. and the ore deposits “Elbeidash” and “Agduzdag” – Artvin Maden A.Ş. ....

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2 Turkey firms to operate 3 Azerbaijan mines


2 Turkey firms to operate 3 Azerbaijan mines
Azerbaijani President Ilham Aliyev attends the summit of the Turkic Council, in Baku, Azerbaijan on March 31, 2021 [Azerbaijani Presidency/Anadolu Agency]
June 1, 2021 at 12:52 pm
Azerbaijani President Ilham Aliyev signed an order on Saturday to transfer the operations of the country s three mineral mines to two Turkish companies,
Anadolu reports.
The Qasqacay, Elbeydas and Agduzdag mines were transferred for the purpose of study, research, exploration, development and exploitation based on a 30-year contract, the report said.
Turkey s Eti Maden will operate the Qasqacay mine, while Artvin Maden will have the Elbeydas and Agduzdag mines.
Turkey also inked broad energy agreements with Azerbaijan. ....

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