https://www.miningweekly.com
PROJECT|Resources
PROJECT|Resources
project|resources

Sumitomo says Ambatovy nickel plant shut for 2 weeks in February

20th March 2019

By: Reuters

  

Font size: - +

TOKYO – Japanese trading house Sumitomo Corp said on Wednesday its Ambatovy nickel plant in Madagascar was forced to shut for about two weeks in early February due to trouble at its hydrogen plant, and may miss its revised annual production target.

Sumitomo owns a 47.7% stake in Ambatovy, while South Korea's Korea Resources Corp and Canada's Sherritt International Corp also hold stakes in the project.

In early February, Sumitomo booked one-off losses of about 15-billion yen ($134-million) on the Ambatovy nickel/cobalt project in the October to December quarter and cut Ambatovy's nickel output estimate for the current year to March 31 to 38 000 t to 40 000 t from 40 000 t to 43 000 t.

To watch Creamer Media's latest video reports, click here
 

Edited by Reuters

Comments

Latest Multimedia

Showroom

ESAB showroom image
ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

VISIT SHOWROOM 
Hanna Instruments Image
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.327 0.385s - 315pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: