Mayur and First Graphene join forces in carbon battle
PERTH (miningweekly.com) – ASX-listed Mayur Resources has inked a collaboration agreement with fellow-listed listed First Graphene for the development of graphene-derived additives for cement manufacturing specific to low-carbon cements and Portland Limestone Cements.
Mayur said in a statement on Tuesday that First Graphene’s technology would be used as part of Mayur’s commitment to the production of low carbon cement products for the Papua New Guinea and Australasian market from its central cement and lime project in Papua New Guinea.
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 ha, and would enable the establishment of Verified Carbon Standard carbon credits and the protection and preservation of Papua New Guinea’s rainforest, and through the monetisation of carbon offsets delivering sustainable commercial and social benefits to forest-based communities with far superior outcomes compared to commercial logging.
“The agreement with First Graphene presents a highly strategic opportunity to partner with a like-minded company that is passionate about innovation and development of tomorrow’s technology,” said Mayur MD Paul Mulder.
“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.”
First Graphene MD and CEO Michael Bell said the agreement with Mayur Resources added 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.”
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