13 Oct 2026
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 newsGeorgia’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
Romania Scrambles Spanish F-18s After Aerial Targets Detected Near Ukrainian Border
07.Oct.2026
Berlin Deepens Defence Partnership with Kyiv: Germany to Provide Ukraine with €1 Billion in Military Aid
07.Oct.2026
European Parliament Against Georgian Dream: EU Prepares New Response to Tbilisi
06.Oct.2026
Bulgarian Foreign Minister to Discuss European Security and International Law in the Netherlands
05.Oct.2026
Rheinmetall in Bulgaria: Sofia Emerges as a New NATO Defence-Industrial Hub in the Balkans
05.Oct.2026
The Cost of a Long War: Moscow Expands Spending Plans Through 2029
05.Oct.2026