MINING INDABA 2018: Yilmaden in Cape Town seeking investment, diversification opportunities

Yilmaden Holding has sent a team of senior representatives to Mining Indaba to secure investment opportunities in markets including cobalt, vanadium and molybdenum.

The company, a subsidiary of Turkish industrial conglomerate Yildirim Group, is looking for diversification opportunities in Central Asia, Africa and South America.
The group already owns chrome assets in Turkey, Sweden, Russia and Kazakhstan and a vanadium and molybdenum project in the United States.
"Yilmaden is seeking opportunities in strategic minerals. We have had a diversification strategy for years. We think it is going to be a good time to be in strategic minerals and not just because of electric vehicles,” market research and intelligence manager Görkem Kavçak told Metal Bulletin in Cape Town this week.

"There are lots of opportunities; offtake...

Published

Janie Davies

February 07, 2018

10:30 GMT

Cape Town