Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Plans underway to give Sri Lanka's phosphate deposit to China, civil society movement charges
Mon, Sep 1, 2014, 08:15 pm SL Time, ColomboPage News Desk, Sri Lanka.

Sept 01, Colombo: The Convener of a civil society movement, The Anti-Corruption Voice of Sri Lanka, Wasantha Samarasinghe said that a plan is being compiled by the Chairman and other officials of Lanka Phosphate Company to sell the Eppawala apatite deposit to China.

Samarasinghe said that the Chairman of the Lanka Phosphate Company is considering the phosphate deposit as a personal property. The movement charged that the Chairman uses the funds of the company in various projects and swindles them.

Samarasinghe pointed out that Rs.650 million has been spent to construct an 850-meter road inside the phosphate deposit and a factory has been started in a land belonged to a temple in Kurunegala area without a feasibility study.

Lanka Phosphate Company (LPL) has exclusive mining rights over 450 hectares of land in Eppawala, where the rock phosphate deposit is located.

The deposit is currently estimated at 60 million metric tons containing 33-40% of Phosphorous pentoxide (P2O5) and is considered to be one of the richest and unique Phosphate deposits in the world.

The company, fully owned by the General Treasury on behalf of the government, is accused of short supply of rock phosphate to fertilizer production companies.

Lanka Phosphate Limited Chairman Jaliya Kulasekara in June said the Chinese-built grinding mill had broken down.

Currently LPL produces Eppawala Rock Phosphate (ERP) and High-Grade Eppawala Rock Phosphate (HERP) which are used as fertilizer for perennial crops such as tea, rubber and coconut.

LPL is in the process of manufacturing Single Super Phosphate (SSP) fertilizer which is equally efficient Phosphate fertilizer to substitute for Triple Super Phosphate (TSP) which is the major Phosphate fertilizer used for paddy and vegetable cultivation.

TSP fertilizer is currently imported as the capacity of the plant is insufficient to meet the annual country demand of 75,000 metric tons of phosphate.

ColomboPage - Recent 10 Stories
Government to gazette terms and conditions for SAITM, halts further enrollment and degree awarding
-- [3 hours ago]
Sri Lanka Navy nabs two persons with 135 kg of Kerala Cannabis
Tamil Nadu fishermen increase poaching in Sri Lankan waters, Navy arrests 39 fishermen in last three days
Peace Winds Japan teams up with local partner to provide emergency relief items for Sri Lanka flood victims
Amnesty International calls on Sri Lanka for immediate implementation of Office on Missing Persons
CSE announces revision of share transaction fee structure from Tuesday
Sri Lanka launches another Dengue eradication program as disease spreads
Sri Lanka's ornamental fish sector wins international accolades
Sri Lanka state doctors end strike amid heavy protest from public
Batticaloa District of Sri Lanka formally declared landmines Free

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.