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Papua New Guinea’s Ramu nickel project targets full production by year-end - Gooding
March 13, 2013 - 09:38 GMT
China Metallurgical Group Corp (MCC)
Jiuquan Iron & Steel.
The Ramu nickel and cobalt project, Papua New Guinea's largest foreign investment, is expected to reach full production by the end of this year, according to Highlands Pacific ceo John Gooding.
The $1.5-billion project, which is in the commissioning
stage, is set to produce 31,150 tpy of nickel and 3,300 tonnes
of cobalt by the end of 2013, Gooding told Metal Bulletin on
Wednesday March 13. "We have got some things that we are
addressing but nothing drastic, just normal commissioning
issues that pop up," Gooding said. The project is 85%-owned by
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Euromoney Institutional Investor PLC.
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