Nickel 28 Capital Announces Full Production Resumption at Ramu Nickel-Cobalt Mine

Nickel 28 Capital has successfully restored full production at the Ramu Nickel-Cobalt Mine’s Basamuk HPAL plant following a mechanical failure that temporarily reduced output. The company previously announced on December 18, 2024, that a blower malfunction in the acid plant required short-term operational adjustments. Repairs and replacement have now been completed, allowing production to resume at full capacity.

For 2025, Nickel 28 continues to project annual production of approximately 32,000 metric tons of contained nickel and 2,900 metric tons of contained cobalt at Ramu. The company’s joint venture interest in the Papua New Guinea-based operation provides direct exposure to critical metals essential for electric vehicle adoption.

Nickel 28 also holds a portfolio of 10 nickel and cobalt royalties on development and exploration projects across Canada, Australia, and Papua New Guinea, positioning itself as a key player in the global battery metals supply chain.