Hayri Ögelman Madencilik A.Ş. produces magnesite ore along with chrome ore at the licensed site in the Bursa-Harmancık region. With the increase in magnesite ore prices in 2022, which had low economic value in previous years, trial production was carried out and around 1,600 metric tons of magnesite ore was produced.
According to the "Harmancık Magnesite Ore UMREK Coded Resource Report" dated 20.05.2024 prepared by UMREK officials; the total amount of identified magnesite resource was calculated as 659,238 m3 (1,977,714 tons).
Within the scope of the project, it is planned to start magnesite ore production upon completion of the permitting processes.