Phoenix Lime, a wholly owned subsidiary of Metallica Minerals (ASX:MLM) is an Australian company seeking to establish a lime/limestone business in northern Australia. The company holds mining leases, exploration permits and pending applications across Queensland. These areas contain prospective limestone mineralisation within close proximity to developing mining and industrial areas in Queensland. Through an extensive process of community consultation and engagement, exploration, environmental and feasibility studies Phoenix Lime plans to assess and if viable, develop a secure, reliable, long-term lime supply business initially targeting Queensland mining and industrial markets.
Success for Phoenix Lime will be providing high quality lime and limestone products in an environmentally sustainable manner whilst creating business and employment opportunities in local communities.