More Ambatovy cost cuts eyed; nickel output falls

摘要

Sherritt International Corp. is considering additional cost-cutting measures at its Ambatovy nickelcobalt joint venture in Madagascar due to slumping nickel prices, the company said, also noting that the plant’s throughput and finished nickel production fell further in June. “With the backdrop of ongoing historically low nickel prices, we will be maintaining a focus on operational efficiency and effectiveness,” a Sherritt spokesman told AMM.