VBR, a subsidiary of Vision Blue Resources Limited, aims to acquire a 49% interest in MR Industrials PNG Pte Ltd, which owns the Central Lime Project (CLP) in PNG. The CLP, situated in the Central Province, is a significant venture focusing on lime production and is integral to PNG's natural resource sector.
Mayur Resources Limited, the parent company of MR Industrials, is focusing on various resource developments in PNG, including iron sands, lime, cement, carbon credits, and renewable energy.