HomeFinTechMayur Resources: Receives clinker and cement offtake support in PNG

Mayur Resources: Receives clinker and cement offtake support in PNG

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Mayur Resources Receives clinker and cement offtake support in PNG

  • Mayur Resources (MRL) receives offtake support for clinker and cement from the Central Cement Lime (CCL) Project in Papua New Guinea
  • The letters of support for more than one million tonnes per annum of the materials come from customers in the Australian and Pacific markets
  • This adds to previous indications of support for 400,000 tonnes per annum (tpa) of quicklime and hydrated lime, as well as 700,000tpa of limestone
  • MRL says the regional market interest could enable faster development under phase two of the CCL project
  • Shares are sitting steady at 19 cents at 2:19 pm AEST
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