Project overview
About this development
Development of a nickel-cobalt mining and processing project in Madagascar. The project comprises three main elements: the construction and development of a new open pit nickel-cobalt mine approximately 80km east of Madagascar’s capital Antananarivo; a large scale hydro metallurgical refinery some 11km outside of Toamasina, Madagascar’s main port; and a 220km slurry pipeline connecting the mine and refinery. The refinery is by far the largest project component, creating important value in the country itself rather than only exporting the raw product. Ambatovy Nickel Project, Madagascar. Total project cost is now $5.5 billion, up from a previous figure of $4.76 billion.
Project at a glance
Ambatovy Nickel Project, Madagascar is located in Madagascar. The project is classified in the Private sector. Its current recorded stage is Complete. The recorded project value is R 200 Million+.