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Madagascar’s nickel and cobalt miner Ambatovy shuts down ore pipeline...
03 Oct, 2024 11:34 377 min read
Madagascar's Ambatovy nickel and cobalt mine halted ore supply due to pipeline damage on September 25, potentially impacting cobalt supplies if the stoppage persists. Sumitomo Corp, the project's major shareholder, is investigating the cause and working to stabilize production. The Ambatovy project has faced challenges in maintaining output and profitability, recently filing for debt restructuring.... More