Turkey Eyes US Rare Earths Deal After China, Russia Talks Slow

Turkey plans on building a refinery in Beylikova, which contains ore with more than 1% rare-earth oxide by weight.

Photographer: Victor Moriyama/Bloomberg

Turkey is discussing developing rare-earth reserves in western Anatolia with the US, marking a shift toward its NATO ally after similar talks with China and Russia slowed amid disagreements over technology transfer and refining rights.

Ankara and Washington are exploring a potential partnership to develop a large reserve of rare-earth deposits recently discovered in Beylikova, near Eskisehir in central Anatolia, according to people familiar with the matter, who asked not to be named because the talks are private. The discovery includes cerium, praseodymium and neodymium, with the quality unclear at this stage, they added.