Ramu Nico firms tri-nation bonds

Source: The National,Monday,  February 11, 2013 

 

PAPUA New Guinea’s first US$1.6 billion nickel project and fifth largest in the world has the potential to promote and further strengthen the mutual benefits and cooperation between China, Australia and PNG when it reaches its production capacity.
Chinese Ambassador Qiu Bohua highlighted this during his brief visit to Ramu NiCo project’s Basamuk refinery in Madang last Friday to convey the embassy’s greetings and best wishes to Ramu NiCo staff and management on the eve of Chinese Spring Festival.
Qiu was warmly welcomed by board chairman of Ramu NiCo Zhao Shimin, Philip Allcorn, general manager Basamuk refinery and other senior staff and management of the company.
After receiving a site safety induction given by Ramu NiCo’s training manager Jeffers Heptol, Qiu took a guided tour of the Basamuk refinery where he displayed great interests in the progress of the load commissioning and sent his seasonal greetings to the site staff.
“Ramu NiCo is not only China’s largest investment project in the Pacific Islands region, but also the first large-scale project jointly invested by China, Australia and PNG.
“We should make untiring efforts with earnest and down-to-earth spirit and strive for more sincere cooperation efficiency soon, to benefit the people of the three countries and to compose a new chapter of cooperation among China, Australia and PNG.” Qiu said.
He also shared his idea with the company’s management that Ramu NiCo should work towards enhancing the awareness of cooperation and win-win mechanism for the three countries.
He said China did not have a long history of full participation in international economic cooperation but would learn and draw advanced managerial experience and technologies from advanced countries to build a world-class nickel project in Ramu NiCo.
Qiu encouraged the management to promote and intensify awareness on safety and prevent all the potential safety hazards and achieve work safety with zero accidents.
“Ramu NiCo is a world-class large-scale mining enterprise with complicated mining, ore slurry transportation and metallurgical processes as well as high technical standards,” he said.