Mayur Group (ASX:MRL) has finalized its Community Development Agreement (CDA) for the Central Cement and Lime Project in Papua New Guinea, with all stakeholders agreeing on the terms, according to a Tuesday filing with the Australian bourse.
The CDA outlines the commercial relationship between the company, the PNG government, and landowners, ensuring equitable distribution of project benefits, the filing said.
The agreement will now be submitted to the PNG National Executive Council for final approval, paving the way for full-scale development of the project early in the year, the filing added.
Shares of the company rose 2% in recent Tuesday trade.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。