India and Sri Lanka discussed fostering bilateral cooperatio….

India and Sri Lanka discussed fostering bilateral cooperation in mineral exploration and mining. A key focus was placed on Sri Lanka’s vast graphite and beach sand mineral resources. India’s National Critical Mineral Mission is aimed at securing a steady supply of essential raw materials like lithium, graphite, nickel, cobalt, and copper. Sri Lanka requested India to encourage companies to participate in the exploration and development of its beach sand and graphite resources. The possibility of mineral exploration on a government-to-government basis was also discussed, with the Geological Survey of India (GSI) expressing its interest in conducting mineral assessments in Sri Lanka. The finalisation of an MoU on ‘Cooperation in the Field of Geology and Mineral Resources’ between the Ministry of Mines and Sri Lankan Geological Survey and Mines Bureau also discussed. The MoU, once concluded, will provide a strong framework for deepening collaboration in capacity building, mining exploration, and advanced mineral processing. It is hoped that the MoU will lead to greater collaboration between the two countries.

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