First Graphene agreement paves way to further reduce Mayur’s carbon footprint

By: PNG Business News February 23, 2022

Photo credit: Mayur Resources - Central Cement and Lime Project - Decarbonisation Roadmap

Mayur Resources Limited has executed a Collaboration Agreement with ASX listed First Graphene Ltd for the development of graphene derived additives for cement manufacturing specific to low carbon cements and Portland Limestone Cements (PLC). The intent of the Agreement is to employ FGR’s technology as part of Mayur’s commitment to the production of low carbon cement products for the PNG and Australasian market from its Central Cement and Lime Project (CCL) in Papua New Guinea (PNG).

This is another key step in Mayur’s decarbonisation strategy for its nation building projects and follows the recent announcement regarding the grant of forestry concessions to Mayur Renewables, covering 800,000 hectares. This will enable the establishment of Verified Carbon Standard (VCS) carbon credits and the protection and preservation of PNG’s pristine rainforest, and through the monetisation of carbon offsets delivering sustainable commercial and social benefits to forest-based communities with far superior outcome compared to commercial logging.

Mayur Managing Director Mr Paul Mulder stated “The agreement with FGR presents a highly strategic opportunity to partner with a likeminded company that is passionate about innovation and development of tomorrow’s technology. If this additive works like we expect it to, it means we can use less clinker replacing it with high grade limestone, this has multiple benefits to the environment and the business by reducing process energy needs, reducing emissions and reducing costs.”

The purpose of the three-year Agreement is to facilitate the exchange of knowledge through research and development work. Each party will contribute scientific and industry knowledge, with FGR providing access to its PureGRAPH® product range, formulation and dispersion process technologies.

FGR Managing Director and CEO Michael Bell said: “The agreement with Mayur Resources adds another important strategic partner to First Graphene’s portfolio of global collaborators seeking to assist the cement and concrete industries to achieve its carbon reduction goals. First Graphene is implementing our go-to-market plan to become the world’s leading supplier of graphene-enhanced cement and concrete solutions and Mayur Resources is ideally placed to help the Company increase traction in the Australasian market.”

As part of its commitment to reducing emissions, the global cement segment is exploring methods to produce cements with lower clinker factor to produce “cleaner and greener” cement products. Ultimately, the objective of the collaboration is to jointly develop a low-carbon cement for the Australian and Asia Pacific cement markets using PureGRAPH®-enhanced cement additives. These would provide the Australasian cement industry with a global solution to reducing carbon dioxide emissions.

 

Article courtesy of Mayur Resources


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