MCS Sri Lanka
- Sri Lanka formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia. It lies in the Indian Ocean, it is separated from the Indian subcontinent by the Gulf of Mannar and the Palk Strait. Sri Lanka shares a maritime border with India and the Maldives.
- Sri Lanka has a variety of valuable mineral resources needed for the new age industries such as Graphite, ilmenite, rutile, zircon, Monazite, and rare earth components.
- MCS Sri Lanka operations currently focused on Heavy Mineral mining (ilmenite, rutile, zircon, Garnet, etc.,) and Graphite mining through its subsidiary companies.
- Al Thani Minerals (Pvt) LTD
- Vetrivel Group Lanka (Pvt) LTD
- North West Minerals (Pvt) LTD
No 1A 3/2, Dharmaraja Mawatha,
- Al Thani Minerals has a valid mining license for Heavy Mineral Mining, also in the process of setting up a Titanium slag manufacturing unit with a capacity of 300,000MT per annum with its captive mines. Titanium slag is one of the main feedstock types for TiO2 manufacturing. Ilmenite is converted to titanium-rich materials using a high-temperature metallurgy process.
- Vetrivel Group Lanka is one of the largest exploration license holder in Sri Lanka for Heavy Minerals which covers 353SqKm of the potential heavy mineral-rich area along the coast. Completed exploration covering more than 200 SqKm, it is estimated that more than 9.4 Million MT of Heavy Minerals are Present in these areas. Vetrivel Group Lanka is also in the process of getting a Mining License for the exploration completed area.
- Sri Lanka is Known for its highly valued, high-purity Vein Graphite, which plays a critical role in energy storage. 60% of a lithium-ion battery is made of graphite. In addition, Graphite is an excellent conductor of heat and is also used for lubricants, refractories, and defense purposes.
- The existence of graphite in Sri Lanka was known for a few centuries. The first record was in 1675 when the Dutch Governor Rykloft Van Goens in writing to his successor mentioned the existence of Graphite in Sri Lanka. Graphite has been exported from Sri Lanka for the last 160 years, and in 1899 the mineral earned Rs. 2.2 million which was 22% of the total foreign exchange earnings at that time. During World war, most of the mines were abandoned.
- In 2015 demand for graphite was 85,000 tonnes. In 2018 it was 160,000 tonnes. By 2028 analysts predict it to have risen 7-fold to 1,800,000 tonnes. Vein graphite is carbon-rich and most of our graphite has tested over 90% Cg.
- Vetrivel Group currently has Graphite exploration licenses covering an area of 212 SqKm which includes some of the well-known abandoned graphite mines operated before the world war. Graphite-bearing rock fragments could be seen within the dumped debris materials of the abandoned graphite mines in the exploration area. Many Abandoned Graphite Mines / open Pits during world war time identified within our Exploration Area
- Having Heavy mineral Exploration Licenses covering 19 Sq Km of Mannar with an estimated mineral reserve of more than 1 Million MT, We have completed the Economic viability report, Initial environment examination and are about to finalize the Environment impact assessment. Expected to get a mining license in the first quarter of 2023.