• PNG Business News

Ramu NiCo: Production Efficiency is the Top Priority

For the nickel-cobalt mining project in Madang Province, production efficiency is still the number one priority.

According to Ramu NiCo company president, Gao Yongxue, the employees of the mining project should take advantage of the scale-cost given that the world markets are going into recession. He has outlined the key project areas in 2021 - which includes improving productivity and stability, optimising team construction, reducing costs and increasing efficiency.

He said that the firm needs to cope up with these new challenges. “We need to re-study the epidemic situation of PNG, redeploy the mission of “zero import and zero infection”, reinforce the prevention measures, comfort the employee’s emotion and extend our regards and care to all employees’ families,” he said. “Let us make full effort to build on the momentum, adhere to the route of high-quality development, cope with the crisis in a concerted effort and endeavour to achieve better production and operational performance through our hard work, and strive for the all-round realisation of annual targets and tasks,” Mr Gao said.

Meanwhile, he announced that the firm has received “103.3 per cent above” the design capacity – for four straight years and in spite of the pandemic.

“In 2020, we prioritised a number of aspects of work while centering on the production operation plan set early in the year,” Gao said. “Over the year, the project’s rated indexes were well controlled and the various process indexes were favourable with regard to the requirements in the plan set early in the year.”

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