Madagascar’s nickel and cobalt miner Ambatovy shuts down ore pipeline
Ambatovy, Madagascar’s nickel and cobalt mining operation, has halted a pipeline transporting ore from its eastern mine to a processing and refining facility due to damage, as reported by its major shareholder, Sumitomo Corp. While Ambatovy assesses the operational impact and recovery timeline, traders suggest that a prolonged shutdown exceedingContinue Reading