Pacific Lime and Cement Keeps Central Lime Project on Schedule and Budget

Pacific Lime and Cement Limited ( (AU:PLA) ) has issued an update.

Pacific Lime and Cement Limited reported that construction at its Central Lime Project in Papua New Guinea advanced strongly through November and December 2025, with overall progress on schedule and costs in line with the approved budget. Key milestones included rapid progress on bulk earthworks, drainage and platform formation, advancement of kiln foundation works after completing geotechnical investigations, continued development of the 27.6 km access road to Port Moresby, and the transition of Phase 3 of the wharf into procurement while keeping the port operational. The company also accelerated mobilisation of heavy construction equipment, including large cranes for piling and foundation works, and advanced camp, workshop and support facilities to accommodate a growing workforce. Management reiterated confidence in the project schedule and confirmed that first production remains targeted within the planned 18‑month development window to early 2027, underscoring the project’s importance to the company’s growth and its emerging role in regional construction supply chains.

The most recent analyst rating on (AU:PLA) stock is a Hold with a A$0.31 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 is an Australia- and Papua New Guinea–listed company focused on developing the Central Lime Project in Papua New Guinea, producing lime and related materials to support construction and industrial demand. The company is positioning itself as a key supplier to nation-building and infrastructure projects, leveraging proximity to Port Moresby and dedicated access and port infrastructure to enhance logistics and market reach.

Average Trading Volume: 614,324

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$249.1M

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