The Coal Industry in Papua New Guinea
Mayur has acquired exploration leases for several coal mines in the Gulf Province of PNG. It also has plans to build a coal-fired power station in Morobe Province.
Mayur has already acquired leases to open a coal mine in the Gulf Province and a coal-fired power station in the Morobe Province. The proposed station is located within Lae, PNG’s second-largest city.
The company is also planning to mine industrial sands for iron and other minerals at Orokolo Bay in Gulf Province and develop Cement Clinker & Lime (CCL) factory in Caution Bay, just outside of Port Moresby. The CCL factory could have its own dedicated coal-fired power station and is currently the only project that has received all necessary government approvals.
Image above: Port Moresby capital of Papua New Guinea