Mayur Resources Limited (ASX:MRL)

Paul Mulder
MD
Market Cap (AUD): 37.76M
Sector: Materials
Last Trade (AUD): 0.17 +0 (+0%)
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1. About

Mayur Resources Limited (ASX:MRL) is focused on the development of natural resources in Papua New Guinea. 

The Company's diversified portfolio spans iron sands, lime and cement, battery minerals and power generation. 

Mayur also holds a 43% interest in copper gold explorer/developer Adyton Resources, a company listed on the TSX-V (TSXv:ADY). 

The Companys projects are strategically located in coastal locations for easy development access and future access to sea borne markets.

Mayurs flagship asset is the Central Cement and Lime Project located on the coast 25km north-west of Port Moresby in PNG. The Company was awarded a 20-year Mining Lease for the project in August 2020. 

A Definitive Feasibility Study has been completed for the project which has a target annual output of 1.65Mt cement/clinker and 400,000t quicklime for supply to PNG, Australia and the South Pacific at much lower cost than Asian exporters. 

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk