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Ceylon Graphite Corp

Mining Strategist Christopher Ecclestone on Ceylon Graphite

Why Sri Lanka's graphite is unique and how fast demand is growing, particularly in the Asian EV sector. Here, analyst Christopher Ecclestone tells us about the company's charismatic yet business-focussed owner and what the production strategy looks like over the next few quarters. Ceylon Graphite Corp, is listed on the TSX Venture Exchange, an explorer for graphite engaged in the development of graphite mines in Sri Lanka. The company holds exploration rights over a land package of around 121km². These rights cover areas of historic graphite production from the early twentieth century and represent a majority of the known graphite occurrences in Sri Lanka.

Quick facts: Ceylon Graphite Corp

Price: 0.095 CAD

Market: TSX-V
Market Cap: $6.15 m
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Ceylon Graphite readying for first production in early 2020

Proactive Research analyst Christopher Ecclestone updates on the development of Ceylon Graphite Corp's (CVE:CYL) mines in Sri Lanka. Ecclestone says they've received environmental approvals for its K1 mine and has recently gained an industrial mining licence with first production likely in...

on 8/10/19

2 min read