Commodity Origins

Ramu nickel-cobalt: a cobalt operation in Papua New Guinea

Ramu nickel-cobalt is a nickel-cobalt processing plant producing cobalt in Papua New Guinea, operated by MCC (Metallurgical Corporation of China). The sources report 3,099 tonnes contained cobalt in MHP for CY2025; the basis is the whole operation. In cobalt content, whole-operation output for CY2025 is 3,099 tonnes: about 1% of world cobalt output in 2025; it is one of 4 operations on this site whose output can be stated in cobalt content.

Who owns and operates it?

Owners of Ramu nickel-cobalt
OwnerInterestAs of
Nickel 28 Capital8.56%23 February 2026

Interests are as stated in the sources below on the date shown. Ownership changes with deals, so a stake may have changed since the date shown.

How much does it produce?

Reported output of Ramu nickel-cobalt
PeriodOutputBasisWhere in the source
CY20253,099 tonnes contained cobalt in MHP
Contained nickel 33,007 t; MHP produced 80,932 dry t
Whole operationp.1 highlights; operating table 'Contained Cobalt (tonne)' Full Yr 2025 · Nickel 28 Capital Corp.
CY20242,625 tonnes contained cobalt in MHPWhole operationp.1 highlights; operating table Full Yr 2024 · Nickel 28 Capital Corp.

Between CY2024 and CY2025 the reported figure rose by 18.1%, in the same unit and on the same basis.

How the cobalt-content figure is worked out. Nickel 28 reports 3,099 tonnes of contained cobalt in mixed hydroxide precipitate for the whole operation. World mine production of cobalt in 2025 was 310,000 tonnes (USGS Mineral Commodity Summaries 2026).

USGS's 2025 estimate for Papua New Guinea is lower than the reported figure, so no share of the country's output is computed.

Status: operating in CY2025.

How does it compare?

Other cobalt operations on this site: Tenke Fungurume and Kisanfu (CMOC), Kamoto Copper Company (KCC), Mutanda, Huayue Nickel Cobalt, Moa joint venture, Murrin Murrin. See where cobalt comes from for the country totals, the country page for Papua New Guinea.

Sources

Method and limits