Regarding the Contract Signed by Standard Bauxite Operations Inc. for the Export of Bauxite Ore in the Amount of USD 3,168,750

17 September 2024

Standard Bauxite Operations Inc., a wholly-owned subsidiary of our company, signed a contract for the export of bauxite ore worth USD 3,168,750 (107,830,344 TL) on 17.09.2024 (today).
In addition to the export contract signed today, Standard Bauxite Operations Inc. also signed sales contracts worth USD 3,225,000 and USD 600,000 on August 16, 2024, and August 29, 2024, respectively.
Standard Bauxite Operations Inc. owns a total of 24 bauxite mining sites across Turkey, and the production and delivery of the aforementioned bauxite ore orders totaling USD 6,993,750 (TRY 236,693,859) are carried out from the Adana Tufanbeyli Bauxite mining site.


Convenience Translation into English of the Material Event Disclosures Originally released in Turkish. Please Note that in case of a dispute arises between the Turkish and the English versions, the Turkish version prevails. 

 

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