UNDERGROUND

Going commercial at K1

Canada-based Ceylon Graphite meets milestone in Sri Lanka

This article is 5 years old. Images might not display.

According to CEO Bharat Parashar, the milestone has been three years in the making.

Calling it a "learning process", he said the company was now progressing towards the sale of its first container of Sri Lankan vein graphite from the two tonnes of raw ore at the surface.

"Whilst this is just the first step to creating a globally recognised graphite mining company, we are now much better prepared to develop our next sites and at a faster pace," he said.

The company is also now in talks with several natural graphite processors regarding sales contracts.

In related news, Ceylon said that Sarcon's drilling and exploration programme would be giving it momentum for its growth goal of five mine sites over the coming year.

Ceylon officials have said that graphite mined in Sri Lanka is known to be some of the purest in the world. At current, it makes up less than 1% of all graphite production globally.

 

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets