Bogala Graphite Lanka, (a German subsidiary and publicly traded company) on June 29 signed a MoU with newly formed CeyAnodes (Pvt) Ltd as a BOI project for the procurement and provision of graphite.
Bogala is the largest producer of graphite in Sri Lanka and under the agreement CeyAnodes will purchase a large amount of graphite every year from Bogala to manufacture battery-grade graphite for US giants such as Tesla and Rivian.
CeyAnodes already has a verbal commitment for 2000 tons of battery-grade graphite, Bogala said in a statement.
Customs have detected 228 mobile phones and tabs valued at over Rs 30 million left behind in the duty free shopping complex at the Banaranaike International Airport today, Customs officials said.
Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
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