TORONTO / Nov 15, 2021 / Business Wire / Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC0) has been notified by Metallurgical Corporation of China (“MCC”), our operating partner at the Ramu mine, that the Ramu nickel-cobalt operation’s mine has re-started production following the two week pause in operations announced on October 27, 2021. The Company does not expect that the recent pause in operations will have a material impact on production guidance.
About Nickel 28
Nickel 28 Capital Corp. is a nickel-cobalt producer through its 8.56% joint-venture interest in the producing, long-life and world-class Ramu Nickel-Cobalt Operation located in Papua New Guinea. Ramu provides Nickel 28 with significant attributable nickel and cobalt production thereby offering our shareholders direct exposure to two metals which are critical to the adoption of electric vehicles. In addition, Nickel 28 manages a portfolio of 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia and Papua New Guinea.
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