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.
A Sri Lankan man was apprehended at Suvarnabhumi airport for attempting to smuggle wildlife out of the country after three ball pythons were found hidden in his underwear, the Bangkok post reported.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
Read these and more on tomorrow’s edition of the Sunday Times
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