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ETIBANK has been incorporated in order to eliminate aftermath of Turkish War of Independence and of Great Depression through utilizing natural resources as a triggering power of industrialization and modernization, in June, 14 1935. The company name “ETI” was chosen by Turkish Great Leader M. Kemal Atatürk who also was the initiator of incorporation of this giant mining enterprise. The company name comes from the ancient Anatolian Hittite civilization first explored and processed mine in the history of mankind.

In 2004, the company has been restructured under a new name “ETI Mine Works General Management” and has concentrated its efforts only for boron minerals and refined boron production.

ETI Mine Works General Management has a significant role among state enterprises acting in mining sector, in Türkiye. Today, Eti Mine is one of the leading organizations in the chemical sector in Turkey with its high technology production plants. Present indicators explicitly introduce that ETI Mine Works, being a ISO 9002 company is a leader in boron minerals and refined boron chemicals production both in terms of production capacities and new investments.