Latest Special Economic Zones News

Pacific Lime and Cement has secured firm commitments for a A$50 million placement while advancing a proposed US$15 million convertible note with the United States International Development Finance Corporation. The funding is aimed at moving its Papua New Guinea lime, cement, port and industrial precinct projects towards construction and commercialisation.

Pacific Lime and Cement has shifted its Central Lime Project from civil construction to equipment installation, with more than half of its major kiln and process plant materials now delivered. The A$129 million project forecast remains within its A$133 million funding envelope, but A$26 million of contingent funding is still undrawn or unrealised.

Invictus Energy has cemented its position in Zimbabwe's Cabora Bassa Basin with a landmark Petroleum Production Sharing Agreement and is progressing well towards drilling the high-impact Musuma-1 exploration well, backed by a fresh A$10 million capital raise.

Evion Group’s Panthera Graphite Technologies joint venture posted a US$530,000 EBITDA in its first full year of commercial production, operating at just 20-25% capacity and setting the stage for substantial earnings growth.

Evion Group is advancing the Stage 2 expansion of its expandable graphite facility in India to boost production capacity amid rising demand from Europe, the USA, and Asia. The upgrade aligns with the EU’s recognition of graphite as a critical mineral, positioning Evion as a key supplier in strategic sectors.

Pacific Lime and Cement has locked in a long-term quicklime supply deal with Newmont, anchoring Papua New Guinea’s first domestic quicklime manufacturing project and advancing local industry development.

Pacific Lime and Cement Limited has formalised a pivotal Project Development Agreement with the Papua New Guinea government, marking a major step forward for its Central Lime and Cement Project and signalling strong sovereign support.

Pacific Lime and Cement Limited has taken a decisive step forward with the Final Investment Decision for its Central Lime Project in Papua New Guinea, initiating full-scale construction and early sales. The company also advances renewable energy plans and strategic rebranding to solidify its regional presence.

Pacific Lime and Cement Limited has approved the Final Investment Decision for its Central Lime Project in Papua New Guinea, adopting a fully equity-funded strategy that slashes upfront capital expenditure by 42% and eliminates debt servicing costs. Construction is underway, with production expected within 18 months.