Subsidiary of Singapore-owned Powerplus Group awarded licence to explore and mine copper, gold and manganese in Papua New Guinea

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SINGAPORE – Media OutReach Newswire – 22 March 2024 – In late 2023, one of Powerplus Group Pte Ltd’s (“Powerplus Group”) subsidiaries, Niugini Resources and Investments Pte Ltd (“NRI”), a Singapore-based mineral exploration and development company, secured a concession as large as the country it is headquartered in for copper, gold and manganese.

Comparison between the total land area of Singapore vs total land area of NRI’s mining concession.

NRI’s parent company, Powerplus Group, is a leading global manufacturer of heavy construction and mining equipment, with a history dating back to more than half a century ago. Powerplus Group offers a wide spectrum of products with its core product range revolving around earthmoving and transportation equipment, which is essential for any mining operation.

With the industry knowledge and technical expertise amassed over the decades from supplying equipment to established mining operations in Australia, Chile, Georgia, Ghana, Indonesia, South Africa and Tanzania, to the likes of Georgian Manganese Holding, Newmont Corporation, Vale S.A., PT Bukit Asam Tbk, etc, just to name a few, this venture is considered to be a natural extension of Powerplus Group’s business as equipment supply will definitely not be an issue.

Warden’s Hearing conducted at Kwikila Station by Mineral Resources Authority on 30 August 2022. Left: Photo of Mr Marcus Ong, CEO of Powerplus Group, with PNG Mineral Resources Authority Officer. Right: Photo of local communities surrounding EL2744 who will benefit from the new jobs created and economic growth

“We are fully committed to operating in a safe and responsible manner to uphold the quality of living standards for the communities and to ensure the long-term sustainability of this project.” As emphasised by Mr Marcus Ong, CEO of Powerplus Group regarding the plans on the mining and exploration licence awarded.

Due to the large scale of this project, Powerplus Group welcomes interested parties to enter into joint ventures with its subsidiary NRI to hasten the development of this mine. For more information, visit Powerplus Group’s page at www.powerplus.us/png2024 or write in to [email protected].

Hashtag: #mining #construction #heavymachinery #mineral #exploration







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Powerplus Group Pte Ltd

Powerplus Group Inc., USA, a leading global manufacturer of a comprehensive range of construction and mining equipment, is part of Worldwide Techno-Equipment Group (1973) Pte Ltd. Established more than 50 years ago, Powerplus Group has evolved into a world-renowned organization that offers machinery unparalleled in price, quality and performance.

Powerplus machinery are manufactured with enhanced capacities to exceed even the most stringent international standards of quality and safety. With the aim of producing machinery that is able to withstand even the most extreme climatic conditions and rugged terrains, Powerplus Research & Development team which has its Headquarters in the United States, has been the backbone behind all its innovative engineering solutions.

Optimizing the best of technology from the United States, Europe and Japan, Powerplus machinery is configured to its ideal technical capabilities. A multinational team of engineers analyzes the data collected from our network of distributors worldwide and are on the constant lookout for ways to maximize the life-span of Powerplus machinery.

Today the Company’s clientele spans over 100 countries across 6 continents.