Currently viewing Global edition

Ambatovy down with commodity prices

Some 70% of nickel production worldwide was underwater at end-2015 prices of around US$3.93 per pound, according to nickel company Sherritt International.

Ambatovy down with commodity prices Ambatovy down with commodity prices Ambatovy down with commodity prices Ambatovy down with commodity prices Ambatovy down with commodity prices

The Ambatovy nickel laterite operation is fighting for buoyancy

Prices this week were about 7% lower still, around the $3.65/lb mark.

In its full year financials, Sherritt said its part-owned (40%) Ambatovy laterite mine in Madagascar (Sumitomo: 32.

topics

loader