Papau New Guinea Okays Ramu Nickel Mine Ocean Dumping

Nickel Investing

Reuters reported a move to block deep sea dumping of waste from the Ramu nickel mine in Papua New Guinea has been rejected in an appeals court.

Reuters reported a move to block deep sea dumping of waste from the Ramu nickel mine in Papua New Guinea has been rejected in an appeals court.

As quoted in the market news:

The $1.5 billion project, one the biggest Chinese investments ever in the impoverished South Pacific nation, has been plagued by protests over plans to dump 100 million tonnes of waste into the Bismarck Sea.
A court in Papua New Guinea had already approved the dumping, but an appeal by local landowners was lodged against the decision in September.

Click here to read the full Reuters report.

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