📈 EDB Eyes Expansion of Sri Lanka's Graphite Sector to Boost Revenue

• Strategic Focus: The Sri Lanka Export Development Board (EDB) is intensifying efforts to boost mineral export revenues by promoting value addition, expanding international market access, and strengthening industry partnerships. The initiative aligns with the National Export Development Plan (NEDP), which identifies minerals & mineral-based products as a priority export thrust sector. • Field Inspection: EDB officials recently inspected the complete mining and processing operations of Bogala Graphite Lanka PLC—a company with over 160 years of expertise—covering the entire value chain from underground mining and extraction to purification, grading, and export preparation. • Unique Market Position: Sri Lanka is the world's only commercial producer of natural crystalline vein graphite, highly sought after for its exceptional carbon purity and crystalline structure. Key applications include lubricants, carbon brushes, brake pads, refractories, advanced industrial uses, and emerging graphene technology. • Growth & Economic Impact: • Aims to shift from raw mineral exports to high-value, technology-driven products. • Seeks to foster collaboration among government, mining firms, research institutions, and global tech partners. • Intends to diversify exports, increase foreign exchange earnings, create high-skilled employment, and support sustainable economic growth.