MCS Sri Lanka
- Sri Lanka has a variety of mineral resources, such as clays (including ball clay and kaolin), dolomite, feldspar, graphite, limestone, mica, mineral sands (containing ilmenite, rutile, and zircon), phosphate rock, quartzite, and salt.
- MCS Sri Lanka is the largest mineral sand Exploration Licenses (EL) holder in Sri Lanka.
- MCS Group is currently in the process of setting up a Titanium slag manufacturing unit with captive mines in Sri Lanka. 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.
- 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 graphite. In addition, Graphite is an excellent conductor of heat, and also used for lubricants, refractories and defense purposes.
MCS Sri Lankan Subsidiaries:
- Al Thani Minerals (Pvt) LTD
- Vetrivel Group Lanka (Pvt) LTD
- North West Minerals (Pvt) LTD
- First private Company in Sri Lanka about to get approval for Mineral Sand Export and Setting up a Value Addition Plant.
- Mines with an approximate estimated Heavy mineral concentrate of 5.4 Lakhs MT.
- Total area covering 19 Sq Km.
- A Mineral Separation Plant with a capacity of 20 TPH is under construction.
- Having 11 Mineral Sand Exploration Licenses covering 353 Sq Km.
- Having 6 Graphite Exploration Licenses covering 212 Sq Km.
- MCS Sri Lanka has Identified some Garnet rich areas.
- According to GSMB Sources, Minimum Expected HM Reserve of 9.4 Million MT.
- Having Licenses covering 19 Sq Km for a Mineral Sands Project.
- Total Estimated HM Reserve of 528,510MT.