Displaying items by tag: Mayur Resources

Papua New Guinea: Mayur Resources has rebranded as Pacific Lime and Cement to reflect its transition from a resource developer to an integrated supplier of lime, cement and building products. The country’s demand is projected to grow in 2026, according to local press reports. The decision also comes amid the government’s target of reducing cement imports.

Managing director Paul Mulder said “Our rebrand to Pacific Lime and Cement reflects our transformation into an integrated industrial materials company focused on nation-building in Papua New Guinea. The new name positions us clearly in the market as a supplier of cement, quicklime and processed building products.”

Papua New Guinea: Mayur Resources has signed a collaboration agreement with First Graphene Limited for the production of low-carbon cement using the latter’s PureGraph graphene-based grinding aids and performance improvers. Mayur Resources operates a 0.9Mt/yr cement plant, where it also produces a further 0.75Mt/yr of clinker and 0.2Mt/yr of lime, near Port Moresby in National Capital District. The Australia-based partners hope to export their cement across Melanesia and to Polynesia and Australia.

Papua New Guinea: Australia’s Mayur Resources has completed a feasibility report looking into building an integrated cement plant near Port Moresby, the capital of Papua New Guinea. The cement and lime plant project has an estimated cost of US$331m. It will produce 1.65Mt/yr of clinker, be able to grind 0.9Mt/yr of cement and produce 0.2Mt/yr of quicklime. The study also found that the project area had reserves of 78Mt of limestone and 14Mt of maiden mineral resource that could support the project for 30 years.

The company is now arranging compensation agreements with the local community and submitting a mining lease application. Award of engineering, procurement and construction (EPC) design and engineering contracts, finalise product offtake and project financing arrangements are scheduled for the second half of 2019.