Pacific Lime and Cement Advances Central Lime Project Ahead of Schedule

An announcement from Pacific Lime and Cement Limited ( (AU:PLA) ) is now available.

Pacific Lime and Cement Limited is positioning itself as a key supplier of lime and cement across Papua New Guinea and the Asia–Pacific region, targeting import substitution and supporting decarbonisation in mining, resources, and construction with lower-cost, low-carbon products and integrated renewable energy solutions. The company emphasises engagement with host communities and adherence to recognised ESG standards, reinforcing its long-term growth and sustainability credentials.

During the half-year to 31 December 2025, construction of the flagship Central Lime Project accelerated following a final investment decision in August, with the quicklime plant, quarry, international wharf, and related infrastructure all progressing slightly ahead of schedule and within budget. Once fully developed, the vertically integrated facility is expected to meet all of Papua New Guinea’s lime and, at later stages, clinker and cement needs, displace imports, create new downstream manufacturing capacity, and open additional domestic and export market opportunities for aggregates and road base materials.

The most recent analyst rating on (AU:PLA) stock is a Sell with a A$0.25 price target. To see the full list of analyst forecasts on Pacific Lime and Cement Limited stock, see the AU:PLA Stock Forecast page.

More about Pacific Lime and Cement Limited

Pacific Lime and Cement Limited, formerly Mayur Resources, is a Papua New Guinea-focused industrial materials company developing lime and cement production to serve domestic and wider Asia–Pacific construction and resources markets. Anchored by its Central Lime and Cement Projects, the group aims to establish a fully integrated manufacturing platform supported by industrial sands, renewable energy, and nature-based forestry carbon credit initiatives, while also holding a minority stake in copper-gold explorer Adyton Resources.

Average Trading Volume: 529,744

Technical Sentiment Signal: Sell

Current Market Cap: A$230.2M

Learn more about PLA stock on TipRanks’ Stock Analysis page.