HomeFinTechMayur Resources: Completes renewable energy study

Mayur Resources: Completes renewable energy study

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Mayur Resources Completes renewable energy study

  • Mayur Resources (MRL) completes a renewable energy study for the Special Economic Zone (SEZ) and the Central Cement and Lime (CCL) project in Papua New Guinea
  • The study aimed to examine the potential for a large-scale renewable solar farm to power the CCL project which is located within the SEZ
  • The study also confirmed a solar power capacity at the SEZ of at least 500 megawatts which would provide renewable energy to CCL, future potential industrial users
  • This aligns with Mayur’s goal of becoming a key supplier of carbon neutral lime and cement products in PNG, Australia and the Pacific
  • Company shares have ended the day trading steady at 19.5 cents
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