Mayur Resources Limited is pleased to announce the signing of a 10-year exclusive Strategic Alliance Agreement (Strategic Alliance) with Guangxi Zhongzi New Materials Co. Limited, a privately owned large-scale Quicklime and Limestone producer operating primarily in China. This agreement provides Mayur with immediate access to superior quality lime products, similar to what will be produced by Mayur’s Central Lime Project (CLP) in the future.
Strategic Alliance Benefits
The Strategic Alliance allows Mayur to immediately lead the branding, marketing, sales, and distribution of Superior Quicklime across Australia and the Pacific with Mayur’s Premium Grade (Typical CaO 92-94%) and Premium+ Grade (Typical CaO 94-96%) Quicklime products. This offers superior quality compared to Australian domestic production and imports from Malaysia and Thailand. This positions Mayur as the leader in providing high-quality Quicklime to these markets.
Long-Term Complement to Mayur’s Own Production
The agreement not only facilitates immediate sales but also complements Mayur’s long-term plans. Once operational, Mayur’s CLP will initially bring an additional 400,000 tonnes per annum of Quick Lime supply online, with immediate plans of expansion beyond two kilns shortly thereafter.
One of the key advantages of this agreement is the guaranteed backup contingency, multi-jurisdiction supply source. Customers can have full confidence that Mayur will provide consistent access to superior Quicklime from multiple jurisdictions, ensuring reliability and supply chain security, all managed through a single, integrated organisation. This multi-jurisdictional sourcing strategy ensures that Mayur can deliver superior Quicklime quality consistently, regardless of market conditions.
Strengthened Supply Chain and Logistics
Our Partner operates several major production facilities across China, with a current capacity of 2 million tonnes per annum of Premium Quicklime. Ongoing expansion projects, including new Quicklime plants and enhanced logistical infrastructure such as a railhead with direct access to seaports, will further improve the efficiency and reliability of supply to Mayur’s customers. Combined with Mayur’s own international wharf facilities under construction, this creates a robust and seamless supply chain.
Immediate Access and Customer Confidence
This Strategic Alliance enables Mayur to offer its customers immediate access to a more diversified product range, with Mayur’s Premium and Premium+ Grade Quicklime products, while providing the assurance of a long-term, secure, and reliable supply once Mayur’s CLP is in production. The superior quality of Mayur’s product offering, combined with a diversified supply base, positions the company to meet the growing demands of the Australian and Pacific markets.
With this collaboration, Mayur is uniquely positioned to deliver a comprehensive, customisable range of superior Quicklime products, tailored to specific market needs. The Strategic Alliance further aligns with Mayur’s strategy to expand its market presence across the Asia-Pacific region and demonstrates its commitment to providing the highest quality products and services.
Mayur will now commence broader engagement with the Quicklime market, providing samples and organising bulk trials. Further updates will be provided as Mayur progresses towards the first sales of Mayur-branded Premium Quicklime.
