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Sherritt exits Ambatovy Nickel Joint Venture-The 21st China (Guangzhou ) Int’l Casting product Exhibition
3/16/2020 casting expo-Die-casting expo-foundry expo |
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Toronto-based Sherritt International Inc is to exit the Ambatovy joint venture in Madagascar, but its decision will not affect nickel or cobalt production at the mine. The 50/50 partnership, formed in 1994, involves the extraction and processing of nickel and cobalt from an open pit mine at Moa Bay in eastern Cuba. The Ambatovy joint venture is a vertically integrated nickel and cobalt mining, processing, refining and marketing joint venture that produces Class 1 finished nickel. Sherritt acts as operator of the facility, and is a 12% owner. The other significant partners are Sumitomo and Korea Resources Corp.
On a 100% basis, Ambatovy produced 33,733 tonnes of finished nickel and 2,900 tonnes of finished cobalt in 2019.
Sherritt is a world leader in the mining and refining of nickel and cobalt from lateritic ores with projects and operations in Canada, Cuba and Madagascar. Sherritt is the largest independent energy producer in Cuba, with extensive oil and power operations across the island. Its key asset is a nickel mining joint venture with the Cuban government.The laterite nickel ore is processed on site, producing mixed sulphides (containing nickel and cobalt) that are shipped in bags to Halifax, Nova Scotia and then transported by rail to a refinery in Fort Saskatchewan, Alberta.
鑄件展-鑄件采購會-國際鑄件展-2020第二十一屆廣州國際鑄件展會-巨浪展覽
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