A South Korean business delegation has met with Sri Lanka’s Industry and Entrepreneurship Development Minister Sunil Handunnetti to explore investment and technical partnerships in the country’s graphite mining sector.
The delegation, led by IIDA Chairman Mun Yongjo, discussed opportunities to develop Sri Lanka’s graphite resources and supply international industrial markets, according to a 12 November report by Daily News.
The group is expected to visit mining sites across the country to assess operations and gather technical information.
Both sides also plan to exchange project reports and formal presentations as discussions progress.
However, no investment commitments, specific projects, or development timelines have been announced.
The talks follow Sri Lanka’s efforts to attract foreign capital and technology into mineral production and downstream processing.
In September 2025, the government approved inviting expressions of interest for a public-private partnership covering exploration, mining, and value-added processing at the state-owned Kahatagaha Graphite Lanka graphite mine.
The country also held discussions with Japanese institutions in October 2026 on mineral investment, technology transfer, and processing opportunities.
Sri Lanka is known for its high-purity vein graphite deposits. According to the US Geological Survey, the country produced 3,122 tonnes of natural graphite in 2024, with Japan, Germany, and the US among its main export markets.
Write to France Pinzon at Mining.com.au
Main image: Kahatagaha Graphite Lanka
