A summary of the first-quarter 2021 performance report for the Ramu Nickel-Cobalt integrated operation in Papua New Guinea, released on Tuesday May 18 by Canada's Nickel 28, which holds an 8.56% joint-venture interest in the project.
In briefHigh cobalt and London Metal Exchange nickel prices, combined with stronger demand for mixed hydroxide product (MHP), positively impacted cash generation. "The strength of commodity prices coupled with increased demand for Ramu's MHP positively impacted cash generation," the Nickel 28 release said. Fastmarkets' assessment of the cobalt standard grade, in-whs Rotterdam, monthly...