Sri Lanka, Dec. 18 -- Sri Lanka's mineral export potential is as much as US $ 778 million annually where the realized amount is only US $ 389 million as estimated by the ITC Export Potential Map, a report compiled by the Pathfinder Foundation says.

The report says that primary data suggests that the potential could increase even up to US $ 2 billion with more investments in downstream space.

Addressing the function to mark the launch of two reports titled 'Mining Potential: A Global Opportunity and Sri Lanka' and 'Sri Lanka's Transformation to Clean Energy and Net Zero Targets by 2025', Australian High Commissioner Matthew Duckworth said investing in minerals and renewable energy has made a lot of sense for Australia.

"We think it make...