Plumbago Refining Corporation is a private company currently exploring and developing graphite mines in proven resource jurisdictions in Sri Lanka. It holds a land package constituting 100 1 km² grids containing proven 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 graphite resources in Sri Lanka. The relevant areas in which these grids reside have previously had historical production dating back to the 1920’s and 1930’s.
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Plumbago’s near-term projects are some of the closest to production graphite developments in the world. Sri Lanka is the only region in the world that produces vein (lump) graphite (up to 99% purity). Plumbago’s exploration grids allow investors the only new way... Read More