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