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How Estrella’s New Deal Could Transform Limestone Sales in Southeast Asia

2:00am on Monday 2nd of June, 2025 AEST Mining
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How Estrella’s New Deal Could Transform Limestone Sales in Southeast Asia

2:00am on Monday 2nd of June, 2025 AEST
Key Points
  • Master Agreement grants PT Raka Energi Mandiri exclusive limestone marketing and offtake rights
  • Sales target of up to 500 million dry metric tonnes over five years
  • REM to receive up to 500 million unlisted share options exercisable at A$0.05 each upon hitting sales targets
  • Key milestones include JORC-compliant resource certification and scoping study by Q4 2025
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