Ramu NiCo asked to hit 70% output goal

 THE financer and major stakeholder in the Ramu NiCo project, the MCC Group, wanted Ramu NiCo Management (MCC) Ltd to hit the 70% production capacity this year while aiming at 80%.
After reaching 50% output capacity last October, Ramu NiCo aimed at 70% this year.
However, the MCC-Group pushed the bar to 80% to compensate for the loss since the load commissioning of the project.
This was ahead of the target this year with 70% and 100% production targeted next year.
A delegation from MCC-Group, the China Metallurgical Construction (Group) Corporation visited the Ramu NiCo project in Madang from Feb 19 to March 5.
It comprised MCC vice-president Wang Yongguang general manager of MCC resource sector Zong Shaoxing, deputy general manager Wang Jicheng and deputy deneral manager mining group Wen Kuiwu.
Vice-president Wang said since the project load commissioning, the production loss had been huge and urged the management and staff to put all their efforts together to make improvements as this year would be critical.
“This year (2014) is critical to the survival of Ramu project.
“The fate of Ramu project is in everyone’s hand,” Wang said.