KUALA LUMPUR, Nov 12 -- Ceylon Graphite Corp (Ceylon Graphite) has announced its wholly owned subsidiary, Sarcon Development (Pvt) Ltd (Sarcon) was granted an Environmental Protection License (EPL) for its K1 Graphite Mining Project at Karasnagla, Sri Lanka.
The License from the Central Environmental Authority bearing No 17501 (R0) dated Oct 14 under provisions of the National Environmental Act 47 of 1980 and amended by Acts No 56 of 1988 and No 53 of 2000, of the Government of Sri Lanka.
“Sarcon looks forward to working closely with the CEA and other Government Departments in Sri Lanka with the aim of being environmentally conscious and abiding with all the rules set by the authorities as our business grows,” said chief executive officer, Bharat Parashar.
The CEA is the Environmental Regulator in Sri Lanka and was established by an Act of Parliament, according to a statement.
The company also announced that a subsidiary of Sarcon, BPA Lanka (Private) Ltd has purchased land next to the K1 project that will allow the company to construct an adit from the main shaft.
In the same statement, the company also announced its director, George Smitherman’s resignation.
More information at https://www.ceylongraphite.com.
-- BERNAMA
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