|Strategic Partnership of Ekin Maden and JCCL|
largest copper producer, JCCL Jiangxi Copper Company Limited, with a
share of 48%, together with two other Chinese companies, namely CRM
International (Beijing) Co. Ltd., with 1% share, and Beijing Metal
Challenge Global Trading Co. Ltd., with 1% share, have built a strategic
partnership with Ekin Maden Ticaret ve Sanayi A.S., to improve and
invest in metallic ore mining, especially in copper, in Turkey, Albania
and Turkey's neighboring countries. The value of this newly established
joint-venture is 130 million USD. The company is now the new owner of
the copper sites and the flotation plant with a capacity of 600,000
mtons of ores, in Albania.
-JCCL is the biggest copper producer in China and the biggest single copper producer in the world. It is also among the "Fortune 500 Companies".
-Ekin Maden A.S. is the largest Turkish non-ferrous metal trading company, one of the top three Turkish exporters of all metallic ores and concentrates, #1 exporter of chrome ores and concentrates. It owns or partly owns and operates several metallic ore mines in Turkey and in Albania.