Spotlight on Puttalam Aussie company buys Lankan ilmenite deposit for a pittance – By Prageeth Sampath Karunathilaka  Source : dailymirror The Sri Lanka Cement Corporation owned factories in Kankesanthurai, Puttalam and Galle. The factories in Puttalam and Galle were sold in 1993. The factory in Kankesanthurai didn’t operate due to the war. Although the Puttalam Cement Factory was sold the land where the raw materials were obtained from remained with the Cement Corporation. It is located in the Aruvakkalu area and spreads across 5352 acres. The land was transferred to the Cement Corporation by Extraordinary Gazette No. 283/2 dated Tuesday, 20th September 1977. This land has been provided by the government to procure raw materials for cement production. A layer of red soil had been observed when excavating work was carried out to find limestone to make cement in this land; located in Aruvakkalu. The soil contains ilmenite. It has been ...

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