Nickel 28

Nickel 28 Capital Corp. (TSXV:NKL) is a Vancouver-based battery metals company specializing in nickel and cobalt production for electric vehicle batteries and energy storage. With interests in Papua New Guinea’s Ramu operation and strategic royalties on Canadian projects, Nickel 28 supports the growing demand for sustainable battery technology.

Company Location

Country:

Canada

City:

Vancouver, British Columbia

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Company Overview

Nickel 28 Capital Corp. is a specialized battery metals investment company focusing on nickel and cobalt production. It manages an 8.56% joint venture interest in the Ramu Nickel-Cobalt Operation in Papua New Guinea (increasing to 11.3% post-loan repayments) and holds strategic royalties on the Dumont project in Quebec and Turnagain project in British Columbia. Headquartered in Vancouver, British Columbia, Canada.

Battery Technology

Nickel 28 supplies high-grade nickel and cobalt mixed hydroxide precipitate (MHP) as a direct feed for lithium-ion battery manufacturers, supporting nickel-rich NMC cathode chemistries. Its Ramu operation produces approximately 2,900 tonnes of nickel and 600,000 pounds of cobalt annually.

Products

High-grade mixed hydroxide precipitate (MHP) containing nickel and cobalt, produced at the Ramu Nickel-Cobalt Operation for use in nickel-rich NMC cathodes. Annual production: ~2,900 tonnes nickel and 600,000 pounds cobalt.

Recent Projects

Ramu Nickel-Cobalt Operation: Q3 2024 production of 6,880 tonnes contained nickel in MHP; $11.5 million distributed (cash and debt reduction). Strategic royalties on Dumont (Québec) and Turnagain (British Columbia) projects.

Investors

Significant investor: Pelham Investment Partners LP has $9.3M in cash and securities.

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