Nickel 28 Capital Corp.’s Q4 and Full-Year Operational Results at Ramu Nickel-Cobalt Integrated Operation
Toronto, Ontario – In a recent press release, Nickel 28 Capital Corp. (TSXV: NKL, FSE: 3JC0) (“Nickel 28”) delighted investors with operational results for the final quarter of 2024 and the entire year at their largest asset, the Ramu Nickel-Cobalt (“Ramu”) integrated operation in Papua New Guinea. Nickel 28 holds an 8.56% joint-venture interest in Ramu, which is operated by the Metallurgical Corporation of China (“MCC”).
Ramu’s Q4 and Full-Year Highlights
For the quarter ending December 31, 2024, Ramu reported the following:
- Nickel production: 11,500 tonnes
- Cobalt production: 1,350 tonnes
- Copper production: 5,500 tonnes
- Gold production: 1,200 ounces
For the full calendar year of 2024, Ramu achieved:
- Nickel production: 45,500 tonnes
- Cobalt production: 5,300 tonnes
- Copper production: 21,000 tonnes
- Gold production: 3,600 ounces
Impact on Individuals
As an individual investor, these results are a positive sign that Ramu is operating efficiently and profitably. Nickel 28’s share price has responded accordingly, with a steady upward trend throughout 2025. This growth may translate into capital gains for those who have invested in Nickel 28. Additionally, the increased production of nickel, cobalt, copper, and gold may lead to a stable supply of these metals and minerals, potentially keeping prices relatively low for consumers.
Impact on the World
On a larger scale, Ramu’s operational success contributes to the global supply of essential metals and minerals. Nickel is a critical component in the production of stainless steel and batteries for electric vehicles. Cobalt is used in lithium-ion batteries, while copper is a key conductor of electricity. Gold is, of course, a precious metal with various uses, including jewelry and electronics. The stable supply of these materials can help ensure the continued growth of industries, particularly the electric vehicle sector.
Conclusion
Nickel 28’s strong operational results at the Ramu Nickel-Cobalt integrated operation are a promising sign for investors and the global economy. The efficient production of nickel, cobalt, copper, and gold not only benefits Nickel 28 but also contributes to a stable supply of essential materials for various industries. As we move towards a more electrified future, the importance of nickel and cobalt in particular cannot be overstated, making Ramu’s success a cause for optimism.
Stay tuned for further updates from Nickel 28 and the mining industry as a whole. Until then, happy investing!
