Natia Turnava: We want Georgia's minerals not only to be extracted in Georgia, but also to be recycled

"We want Georgia's minerals not only to be extracted in Georgia, but also to be recycled wherever possible in Georgia," Natia Turnava, Minister of Economy and Sustainable Development, said at a presentation of a new component of the 100 Investment Proposal for Business program. The new component implies announcement of parallel license auctions, InterPressNews reports.
According to the Minister, mineral facilities, which are attractive for investors, have been selected in various regions of Georgia, with total initial auction price of 82 million GEL and is expected to trigger more than GEL 120 million in investment.
“We want the Georgian marble to be processed here and used to produce new building materials here, we want our basalt to be processed here and to make artificial fibers in Georgia, to produce Georgian ceramics from our clay and to export it, our drinking water to be bottled in Georgia and to become famous in many export markets," - Natia Turnava said.
The Minister of Economy and Sustainable Development underlined the importance of protection of high environmental standards in the extraction / processing of minerals and which will be provided in the license conditions.
Latest news
Latest newsBulgaria Asks NATO to Strengthen Its Defences Amid Black Sea Threats: Sofia Fears Growing Risks to Maritime Shipping
16.Oct.2026
Black Sea Shipping Risks Threaten Bulgaria’s 5 Million Tonnes of Wheat Exports
15.Oct.2026
Georgia’s Foreign Funding and Political Ban Laws Draw Criticism from the Venice Commission
15.Oct.2026
Kazakhstan Promotes a Caspian Green Energy Corridor: Astana Seeks New Routes to the European Market
14.Oct.2026
Inflation in Romania Accelerates to 6.61%: Rising Prices Increase Pressure on Households and the Economy
13.Oct.2026
Can Europe Protect the International Criminal Court from Trump’s Sanctions?
13.Oct.2026
Georgia’s Constitutional Court Continues Case on Banning Opposition Parties: Political Pluralism at Stake
12.Oct.2026
Azerbaijan and Iran Step Up Security Contacts Amid Hijab Protests
12.Oct.2026
Personnel Shortages Complicate Ukrainian Forces’ Rotation: Ukraine Faces Long-Term Challenges on the Front Line
11.Oct.2026
Trump Eases Sanctions on Russian Fuel After Talks with Putin: Kyiv Fears Boost to Moscow’s War Revenues
10.Oct.2026
Putin Seeks to Strengthen Russia’s Influence in the Post-Soviet Space Through the CIS
10.Oct.2026
Russia and the South Caucasus: External Pressure, Political Competition and a Crisis of Trust
10.Oct.2026
Peaceful Settlement Between Armenia and Azerbaijan: Moving from Declarations to Implementation
10.Oct.2026
Moldova Ready to Accept as Many Ukrainians as Necessary if Situation Worsens This Winter
09.Oct.2026
Turkmenistan Turns Avaza into a Regional Diplomatic Hub as Caspian, Central Asian and CIS Agendas Converge
08.Oct.2026

17 Oct 2026


