Türkiye’s exports to Gulf countries fell by an average of 40% in the first 13 days following the outbreak of the Iran conflict on Feb. 28, as disrupted transport routes and surging costs slowed trade activity, a sector head reported.
Funds will also support continued work on a mixed rare earth carbonate demonstration plant, further drilling and resource definition, environmental approvals and general working capital.
Driven by surging raw material prices and geopolitical factors, the current ferroboron market is characterized by tight supply and high-price operation.