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announced the renewal of the Industrial Mining Licence for the Malsiripura, M1 mining project in SriLanka (known as Ceylon until 1972) from the Geological Survey and Mines Bureau (GSMB). The Government of SriLanka granted the company’s wholly owned subsidiary Sarcon Development (Pvt) Ltd.
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With few producers in the graphite industry, graphite consumers enter into long-term bilateral supply agreements with little transparency on prices. In addition, relatively few analysts follow the graphite industry, making it difficult to get any long-term forecasts on graphite prices. Graphite and the Inflation Reduction Act.
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