The new Sri Lankan government is sending strong signals that Sri Lanka is open for business for the mineral sands sector.
- Geological Survey and Mines Bureau transferred from Ministry of Environment to the Ministry of Industry & Entrepreneurship Development
- New National Mineral Policy came into effect in 2026 – framework for sustainable mining and investment
- The Hon. Sunil Handunneththi MP, Sri Lanka’s Minister of Industry & Entrepreneurship Development, gave the opening address to the inaugural Mineral Sands Technical Conference in Colombo in June 2026
- Experienced industry professional and chartered Geologist appointed new Director General of GSMB in April 2026
- Recent creation of the Sri Lanka Mineral Sands Association (SLMSA), of which Capital Metals is a member, unites industry participants to advocate for the sector and overcome challenges
The Hon. Sunil Handunneththi MP, Minister for Industry & Entrepreneurship Development has signalled strong direction for Sri Lanka’s Minerals Sector.
As the Minister of Industries… I am committed to advancing… the mineral resources industry to strengthen the national economy, enhance export earnings, and foster innovation.
Sri Lanka must attract genuine investors with the capacity to bring meaningful and sustainable investment to the country. The global market possesses many such stakeholders, and it is essential to identify and engage them appropriately.
Our ultimate aim is to ensure that the nation’s mineral wealth is developed sustainably, protected environmentally, and preserved responsibly for the benefit of future generations.
The first step towards achieving this goal is to secure Parliamentary approval for the National Mineral Policy and to ensure that it is well communicated both nationally and internationally.
