Regarding the Contract Signed by Standard Boksit İşletmeleri A.Ş. for the Export of Bauxite Ore Worth USD 24,160,500
A contract worth USD 24,160,500 (TL 836,796,501) for the export of bauxite ore was signed today, November 26, 2024, by Standard Bauxite Operations Inc., a wholly-owned subsidiary of our company.
In addition to the export contract signed today, Standard Bauxite Operations Inc. also signed contracts on August 16, 2024, August 29, 2024, and September 17, 2024, for USD 3,225,000, USD 600,000, and USD 3,168,750, 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 31,154,250 (TRY 1,073,490,361) 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.