# Evaluating Potential of Eppawala Rock Phosphate - Ceylon Today

> Sri Lanka is assessing the potential of Eppawala rock phosphate deposits to produce local fertilisers. The country spends roughly Rs 6 billion annually importing TSP and SSP fertilisers. The project has faced government opposition and rejection in the past.

- Date: 2023-08-04 · published 2023-08-04T12:00:00.000Z
- Category: policy · region Sri Lanka · magnitude low
- Page: https://feedsoft.ai/events/34889-evaluating-potential-of-eppawala-rock-phosphate-ceylon-today
- Commodities: [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

A local phosphate plant would reduce Sri Lanka's import needs, but the project is speculative and has no immediate effect on global phosphate prices.

## Sources

- ceylontoday.lk: https://ceylontoday.lk/2023/08/05/evaluating-potential-of-eppawala-rock-phosphate/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.