It said Sri Lanka possesses a wealth of industrial minerals that can be processed and transformed into value-added products. This value addition can create higher-value exports, generate more employment opportunities, and contribute to the country's economic growth.

A significant proposal brought forth was a request for a 300% tax rebate for mineral research and development activities in collaboration with Sri Lankan educational institutions.

Aditionally, the members of the CME emphasised the necessity for a fair and equitable approach to royalty calculations to ease the financial burden on mining entities.