AMBATOVY Project
AMBATOVY
Country Madagascar 
Close to Antananarivo
Status MINE DEVELOPMENT 
Latitude / Longitude 18 S 52 / 48 E 21
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces
Develops Nickel -
Explores for
Last updated on 5/28/2010 - Terms of Use
Risk and valuation analysis of the AMBATOVY Project
Status Risk : Mine development
Country Risk : Important
Title(s) of the AMBATOVY Project
Sherritt International Corporation
Joint venture: 40%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Sherritt, the project operator, has a 40% ownership position. The other shareholders are Sumitomo Corporation (27,5%), Korea Resources Corporation (KORES, 27,5% ), and SNC-Lavalin (contractor). pour la construction, 5% des parts) Vision
Sumitomo Metal Mining Co Ltd
Joint venture: 27.5%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Location of the AMBATOVY Project
The Ambatovy mine site is located 80 kilometers east of Antananarivo (the capital of Madagascar) near the city of Moramanga. It is within a few kilometers of the main road and rail system connecting Antananarivo and the main port city of Toamasina on the east coast.
 
History of the AMBATOVY Project
Ambatovy is a long-life lateritic nickel project with annual design capacity of 60,000 tonnes of nickel and 5,600 tonnes of cobalt. The mine life is currently projected to be 27 years.
 
Production Objectives
Metal2022202320242025202620272028202920302031
COBALT (lbs)12,500,00012,500,00012,500,00012,500,00012,500,00012,500,00012,500,00012,500,00012,500,00012,500,000
NICKEL (lbs)32,000,00032,000,00032,000,00032,000,00032,000,00032,000,00032,000,00032,000,00032,000,00032,000,000
Location
Data last updated on : 12/31/2007
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.