14,311.19 TRY BIST 100 BIST 100
52.67 EUR EUR EUR
45.05 USD USD USD
6.63 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
700.00 TRY Interest Interest
123.44 USD Fossil Oil Fossil Oil
5.94 USD Copper Copper
104.98 USD Silver Silver
107.86 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,633.14 TRY Gold (gr) Gold (gr)
107.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

MKE's Investment in a Rocket Production Base in Kırıkkale

Hüseyin Kahya Energetic Materials Factory, brought to life by the Machine and Chemical Industry Corporation in Kırıkkale, opens the door to an important transformation in Türkiye's defense industry production infrastructure.

MKE's Investment in a Rocket Production Base in Kırıkkale

The facility, spanning an area of approximately 8 million square meters, will play a critical role particularly in rocket and munitions production. Under the major investment, rocket fuel, gunpowder and various explosives will be produced at the facility. This aims to decrease Türkiye's foreign dependency in these areas, while it is stated that the factory draws attention with its advanced technology production infrastructure. The project will also contribute to the development of high value added energetic materials through domestic capabilities.

The first phase of the factory is planned to be completed and put into operation within 2026. With the completion of all phases, employment for approximately 1,000 people is expected while the existing rocket fuel, gunpowder and explosive production capacity is targeted to increase approximately threefold.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

U.S. launches Section 232 tariff reduction process for steel and aluminum from Mexico and Canada

Thursday, April 30, 2026

U.S. Steel announces $1.9 billion investment in new DRI facility

Thursday, April 30, 2026

China expands zero-tariff policy for African countries

Thursday, April 30, 2026

Steel Net Forum Iberia brought the steel industry together in Santander

Thursday, April 30, 2026

Tosyali Algerie strengthens its role in Algeria’s automotive industry

Thursday, April 30, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now