Tuesday, April 22, 2025
Local NewsNatureSri Lanka Economy

On the beach: The dawn of a new mineral sands hotspot in Sri Lanka

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  • Titanium Sands is entering the final stages before production begins at Mannar Island 
  • A 2023 scoping study for Mannar Island delivered an IRR of 52%, with the mine expected to employ up to 1200 people when fully operational
  • Its set to attract more investment into Sri Lanka 

Sri Lanka has been a major source of industrial minerals for millennia but one ASX company is on the cusp of becoming the country’s first independent bulk export mineral sands project while actively planning for future expansion…| read more on stockhead

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