Ramu NiCo sued $5.4bln damages for tailings dam failure

Nickel and cobalt producer Ramu NiCo, owned by state-owned Metallurgical Corporation of China (MCC), has been sued for $5.4 billion for environmental failures, the latest in a long line of environmental woes to befall the Papua New Guinea operation.

Ramu’s alleged failure to regulate its environmental conduct in Mandang province, Papua New Guinea, has led the municipal government and a consortium of 13 landowners to take legal action against the company.

The plaintiffs requested on Thursday February 6 that Ramu NiCo be found guilty of committing public...

Published

Amy Hinton

February 07, 2020

17:28 GMT

London