Ceylon Graphite
expertise at work

Ceylon Graphite is a public company listed on the TSX Venture Exchange (CYL:TSX-V) involved in the exploration and production of graphite in historic resource jurisdictions in Sri Lanka. It holds a land package constituting 121 km² grids containing historic vein graphite deposits. These unique and comparatively higher margin vein (lump) deposits currently make up less than 1% of the world graphite production. These exploration grids represent the majority of known historic graphite resources in Sri Lanka. The relevant areas in which these grids reside have previously had historical production dating back to the 1920s and 1930s.

121 Grids

Total land package

Cg 90 %+

Highest purity graphite


Battery grade graphite

Over 20 new

Veins have been discovered

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Ceylon Graphite established in 2017 through a RTO of a shell on the TSXV. Founding shareholders started accumulating mineral rights and exploration rights earlier

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All assets are in Sri Lanka

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Operated via two wholly owned subsidiaries, Sarcon Development (Pvt) Ltd and JADS Enterprises (Pvt) Ltd

Different forms of commercial graphite

Flake Vein Amorphous
Description Crystalline graphite flakes; coarse > 150 μm; fine < 150 μm Interlocking aggregates of coarse graphite crystals; typically > 4cm Microcrystalline, soft earthy graphite; mostly < 40 μm
Origin Syngenetic; regional metamorphism of organic matter in metasedimentary rocks Epigenetic; regional metamorphism; metasomatism involving CO2 – CH4 – H2O fluids Syngenetic; contact and/or regional thermal metamorphism of coal seams
Ore 2-30% graphite, startabound, tabular or lenses >90% graphite; veins and fracture infill >70% graphite; in anthracitic coal layers, typically folded and faulted
Product grade 30-80% Cg 90-99% Cg 25-70% Cg
Main uses Refractories, batteries, brake linings, flame retardants Carbon brushes, brake linings, batteries, lubricants Steel recarburiser, foundry mould facing, lubricants, pencils
Major producers China, Brazil, India, Canada, Mozambique, Zambia Sri Lanka China, Mexico, North Korea, Turkey

Ceylon Graphite
The expertise at work