14 September 2017 12:01 am
The government has decided to carry out a research project to examine the possibility of adding value to the graphite mined in Sri Lanka by way of using such in rechargeable batteries.
A proposal made in this regard by Science, Technology and Research Minister Susil Premajayantha to commission a research project through the National Institute of Fundamental Studies has been approved by the cabinet of ministers.
Sri Lanka is the only country in the world that produces commercially viable vein graphite for export.
Graphite is used for smartphones, portable devices and electric vehicles and the demand for it is expected to rise as lithium batteries, fuel cells, nuclear and solar power devices gain momentum in the coming years.