AMBATOVY

Ambatovy is a major industrial operation mining and refining nickel and cobalt in Madagascar, off the east coast of Africa. At a total project cost of more than US$ 8 billion, Ambatovy is the largest-ever foreign investment in the country - and one of the biggest in sub-Saharan Africa. It ranks among the largest lateritic nickel mining entities in the world and has a yearly production capacity of 60,000 tons of nickel and 5,600 tons of cobalt, of 99.9% purity... Ambatovy is a joint venture between Sumitomo Corporation (Japan) and KOMIR (formerly known as KORES, South Korea)... Ambatovy constantly strives to be a leader in operational efficiency, health and safety, environmental management, and social engagement - all while contributing to the long-term prosperity of Madagascar. Ambatovy's activities include infrastructure and social development, environmental management and rehabilitation, and capacity and skill building for local talent and local businesses.

Primary location: Antananarivo Madagascar