PNG Ramu Nickel project secures $US1.37 billion in funding
Updated
Papua New Guinea's Chinese-backed Ramu nickel and cobalt project has secured nearly one-point-four billion US dollars in funding - the final hurdle before the project can become operational. The announcement was made by the junior joint-venture partner, Highlands Pacific, to the Australian Stock Exchange today. The China Metalurgical and Construction Company, or MCC, is the largest of the four Chinese joint-venture partners.
Presenter: Jemima Garrett
Speaker: John Gooding, Managing Director of Highlands Pacific, one of the junior joint venture partners in PNG's Ramu Nickel project
Papua New Guinea, Pacific, trade, industry, company news, mining
