Apatite is a group of phosphate minerals, usually referring to hydroxylapatite, fluorapatite and chlorapatite, named for high concentrations of OH−, F− and Cl− ions, respectively, in the crystal. A very rare strontium-rich member Apatite-(SrOH) also exists, with the Calcium partially replaced by Strontium. There is also a rare member of Apatite which has the phosphate radical (PO4) partially replaced by a carbonate radical (CO3). It is known as Carbonate-Apatite. Sedimentary deposits have provided about 80- 90 percent of world production in the last ten years. Igneous deposits and metamorphic rock phosphates are also available. China, The USA, Morocco and Western Sahara produce rock phosphates from sedimentary origins while Russia, South Africa, Brazil produce igneous originated rock phosphates. Sri Lanka has an igneous rock phosphate mine located in Eppawala, In the Anuradhapura district of north central province of the country. The Rock Phosphate Deposit covers an area of approximately 324 ha of land and Nearly 60 million Metric Tons of phosphates have been determined to exist. Lanka Phosphates Limited has the sole authority to mine phosphates in Eppawala. Rocks are covered in red-brown earth and occasional vegetation is mined by open cast mining processes and the extracted rocks are crushed. In this stage rocks and crystals are separated. Crushed crystals produce High Graded Eppawala Rock Phosphates (HERP) and Eppawala Rock Phosphate (ERP) is produced by crushed rocks. The solubility of Eppawala rock phosphate is low. Ground Eppawala rock phosphate is used only for perennials such as Tea, Coconut and Rubber and spice crops. It is not recommended to short term crops due to the low solubility. The requirement of soluble phosphates at the initial stages of plant growth is high. Therefore more effective phosphate fertilizers (Triple Super Phosphate [TSP] and Single Super Phosphate [SSP]) are imported to Sri Lanka in order to fulfill the requirements. Around US$ 20 million worth foreign exchange is used for the imports. Phosphate fertilizer application for agriculture in Sri Lanka is one of the lowest in Asia. Therefore Value addition to Eppawala rock phosphate will save foreign exchange. When consider about the potential industries based on Eppawala rock phosphate manufacturing of SSP and Pharmaceuticals, Biomaterials (Artificial limbs, teeth) Analytical reagents, Animal feeds, Phosphoric Acid, Detergents, Emulsifiers can be indicated. Exploitation of rock phosphate causes severe impacts on the environment and sustainable management of rock phosphate can be recommended.