ESR estrella resources limited

The market will start to look at Esr very differently, page-118

  1. 517 Posts.
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    Unexpected potential for additional value-creation

    All four of the new Exploration and Evaluation Licenses have significant amounts of clean limestone
    material ..... Any future drill testing of the manganese potential of the Noni Formation will necessitate the drilling of the limestones, and vice
    versa. This is a win-win for optimising exploration expenditure.
    The very high lime content, lack of impurities and neutralisation potential makes the rock amenable to many
    industrial and environmental processes where lime is necessary, and Estrella will explore these
    opportunities across various Asian markets.

    More info:

    The global lime market size reached USD 47.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 64.8 Billion by 2033, exhibiting a growth rate (CAGR) of 3.43% during 2025-2033. The rapid growth of the construction industry, the elevating focus on sustainable construction practices, the escalating investments in infrastructure projects, and continuous technological advancements in production processes are some of the major factors propelling the market

    Source: https://www.imarcgroup.com/lime-market

 
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