Our Chairman Greg Martyr’s interview in the print edition of Sri Lanka’s Business Today. Greg discussed project progress, and the importance of best practices, local skill development, environmental stewardship and foreign investment to unlocking a globally competitive mineral sands industry in Sri Lanka. Full interview with Business Today: https://lnkd.in/eVqxzRaD #SriLanka #MineralSands #Ilmenite #Rutile #Zircon #Garnet #Titanium
Capital Metals plc
Mining
London, England 1,747 followers
Developing the Taprobane Minerals Project in Sri Lanka, one of the highest-grade mineral sands projects globally
About us
Capital Metals is developing the Taprobane Minerals Project in the Eastern Province of Sri Lanka, approximately 220 km east of Colombo. The Taprobane Minerals Project is one of the highest-grade mineral sands projects globally, with a current JORC Resource of 17.2Mt with an average grade of 17.6% Total Heavy Minerals, and with the potential for resource extension. Our goal is to become a globally significant producer of high-grade mineral sands for the international market, with a commitment to applying best-in-class mining practices and bringing significant positive benefits to Sri Lanka and the local community - with over 300 direct new jobs to be created and over US$100m in direct government royalties and taxes.
- Website
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https://capitalmetals.com/
External link for Capital Metals plc
- Industry
- Mining
- Company size
- 2-10 employees
- Headquarters
- London, England
- Type
- Public Company
- Founded
- 2005
Locations
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Primary
Get directions
15 Ingestre Place
Suite 1
London, England W1F 0DU, GB
Employees at Capital Metals plc
Updates
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Our Chairman Greg Martyr recently spoke with Sri Lanka’s Business Today about Capital Metals' vision for unlocking Sri Lanka's world-class mineral sands potential through the Taprobane Minerals Project. The discussion covered the project's progress, commitment to responsible mining, environmental stewardship, community engagement, and the importance of transparent regulation to attract long-term investment. Greg also highlighted the opportunity for Sri Lanka to build a globally competitive mineral sands industry by adopting international best practices, developing local expertise, and creating sustainable economic value through jobs, exports, and investment. Read the full interview with Business Today: https://lnkd.in/eVqxzRaD #SriLanka #MineralSands #Ilmenite #Rutile #Zircon #Garnet #Titanium #Mining
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Sri Lanka’s first Mineral Sands Technical Conference exceeded all expectations! It was sold out. We had strong engagement both with government officials, including The Hon. Sunil Handunneththi, Minister of Industry and Entrepreneurship Development, and industry professionals. We were delighted to welcome so many guests to the Capital Metals booth – the interest and expertise on display were a testament to the momentum building across the industry. The conference also paved the way for the formation of a mineral sands association of key players in the sector including Capital Metals. The first of its kind, the association will give the industry a unified voice to promote the mineral sands sector, engage with policymakers, and collectively address the remaining challenges to unlocking Sri Lanka’s mineral sands potential. Thank you to The Ceylon Chamber of Commerce and Mineral Technologies for hosting the landmark event. #MineralSands #SriLanka #CeylonChamber #MineralSandsAssociation #Mining #Ilmenite #Rutile #Zircon #Garnet #Titanium
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A milestone day for Sri Lanka's mineral sands sector – and Capital Metals is proud to be part of it. Today marks the inaugural Mineral Sands Technical Conference, hosted by The Ceylon Chamber of Commerce in partnership with Mineral Technologies, here in Colombo. With the recent publication of the Sri Lankan National Mineral Policy, today’s gathering of policymakers and technical experts is a strong platform to build on the industry’s growing momentum. #CMET’s Executive Chairman Greg Martyr and COO Stuart Forrester are on the ground at the Capital Metals booth to discuss the Taprobane Minerals Project, Sri Lanka’s most advanced minerals sands development project, and our vision for responsible development that will deliver lasting benefits to Sri Lanka. #CeylonChamber #MineralSands #SriLanka #Ilmenite #Rutile #Zircon #Garnet #Titanium
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Setting a new benchmark for responsible mineral sands development in Sri Lanka. 🎥 Watch our new corporate video to discover how Capital Metals is combining global expertise with local knowledge to advance the Taprobane Minerals Project. As one of the highest-grade mineral sands projects globally, the project has the potential to create jobs, develop local skills, attract investment, and contribute to Sri Lanka's long-term economic growth. Capital Metals is committed to delivering sustainable stakeholder value through ethical and leading practices, while setting new standards for responsible mineral sands development. 🎥 Watch the full corporate video: #MineralSands #Ilmenite #Rutile #Zircon #Garnet #Titanium #SriLanka
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Capital Metals plc reposted this
Capital Metals plc Targets Construction Q4 Start for Taprobane Mineral Sands Project - Capital Metals' Taprobane project in Sri Lanka boasts 17.6% average grade versus a global average under 5%, representing one of the world's highest-grade mineral sands deposits - Sri Lanka approved its first national minerals policy since 1999 in February 2026, identifying mining as a key source of foreign investment following the country's debt restructuring - Two mining licenses already secured with a 30-person team on the ground; construction could begin Q4 2026 pending final mining license approval - Stage 1 requires $25 million capex ($18M debt, $5M offtake prepay) targeting $40 million annual revenue with $18 million all-in costs and 75%+ IRR - Three-stage capacity expansion plan (125,000 tons concentrate each phase) with optional $10 million mineral separation plant enabling downstream value capture https://lnkd.in/eAJyXQFN
Capital Metals (LSE:CMET) - World-Class Mineral Sands Asset Gains Momentum After Policy Reset
https://www.youtube.com/
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Proud to see Capital Metals as the Platinum Sponsor of the inaugural Mineral Sands Technical Conference in Sri Lanka – a strong indication that the country is open for business in mining. We are also encouraged to see The Hon. Sunil Handunneththi, Minister of Industry and Entrepreneurship Development, opening the conference in his capacity as the Minister responsible for governing the minerals sector. The conference promises to be an important platform for industry collaboration! #CeylonChamber #MineralSands #Ilmenite #Rutile #Zircon #Garnet #Titanium #SriLanka
Sri Lanka’s mineral sands sector is at a significant stage, where innovation, sustainability, and industry collaboration will shape its future trajectory. Join this knowledge-sharing conference for forward-looking discussions on global trends, technical advancements, and opportunities driving growth in the mineral sands industry — featuring insights from leading experts and practitioners. Mineral Sands Technical Conference 2026 📅 17 June 2026 ⏰ 9.00 AM – 4.30 PM 📍 Grand Ballroom, Galle Face Hotel 🎟️ Sri Lankan Participants: LKR 16,500 | Foreign Participants: LKR 80,000 Hosted by The Ceylon Chamber of Commerce in partnership with Mineral Technologies Be part of the conversation, driving innovation and progress in Sri Lanka’s mineral sands sector. Scan the QR code or register via the link (https://lnkd.in/gAavtjZi) #ceylonchamber
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Capital Metals welcomes the announcement by The Ceylon Chamber of Commerce of an inaugural mineral sands industry conference in Sri Lanka in partnership with global mineral separation solutions, services and equipment leaders Mineral Technologies. 🤝 Sri Lanka’s first dedicated technical forum for the mineral sands sector will bring together senior government decision-makers, industry leaders, international technical experts, investors, mineral sands companies and service providers: the full spectrum of stakeholders needed to unlock the country’s mineral sands potential. It will spotlight the latest innovations, best practices, and insights shaping the future of the industry and is another strong indication that Sri Lanka’s minerals sands sector is Open For Business. As the operator of the country’s most advanced mineral sands development project, Capital Metals looks forward to participating in the conference. 📢 Expect talks from Greg Jones, Simon Han Burgmans, Shameeka Nanayakkara, Nadeeka Rathnayake, Sibasankar Patra, Matthew Allen, Anneli Becker, Ted Avis, and Gavin Diener among others. #CeylonChamber #MineralSands #Ilmenite #Rutile #Zircon #Garnet #Titanium #SriLanka
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🎥 Growth and development are on the near horizon! Hear our COO Stuart Forrester outline our long-term vision for #CMET in a conversation with Dilusha Gamage for Ambeon Insights. You can watch the full interview here: https://shorturl.at/tOSRU #MineralSands #Ilmenite #Rutile #Zircon #Garnet #Titanium #SriLanka
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🎥 "Mining" and "low environmental impact" don't usually appear in the same sentence – but our COO Stuart Forrester makes the case for why surface mining of mineral sands is different. In a conversation with Dilusha Gamage for Ambeon Insights, Stuart walks through how immediate backfilling and reclamation change the equation. You can watch the full interview here: https://shorturl.at/tOSRU #MineralSands #Ilmenite #Rutile #Zircon #Garnet #Titanium #SriLanka