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Titanium Sands Limited, through its local partners Orion Minerals (Private) Limited, Sanur Minerals (pvt) Ltd and Kilsythe Investments (Private) Limited are developing a high grade, high value and easily mineable heavy mineral sands project at Mannar Island, Sri Lanka. The Mannar island project has been highlighted in a recent scoping study as being a significant mineral sand asset with 345Mt @ 5.02% identified with a NPV of $545m. The project is completing Environmental studies which will lead to a mining license being issued. The project will create 300 jobs initially in Sri Lanka and up to 1,200 when fully operational. The project also has a rehabilitation aspect and will develop completed mined land with income producing crops to benefit local land owners for generations to come.

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