Jan. 23, 2014
Ambatovy Nickel Project in Madagascar to achieve Commercial Production
Sumitomo Corporation (Head Office: Chuo-ku, Tokyo; President and CEO: Kuniharu Nakamura) announced that the Ambatovy Nickel Project ("Ambatovy"), which has an integrated production system encompassing all stages from mining to refinery in collaboration with Sherritt International Corporation (Head Office: Ontario, Canada; President and CEO:Mr.David Pathe), Korea Resources Corporation (Head Office: Seol, Korea; President and CEO:Dr. Koh Jung-Sik) and SNC Lavalin Inc. (Head Office: Quebec, Canada; President and CEO:Mr.Robert G. Card) in Madagascar, achieved Commercial Production, which is defined as 70% of ore throughput of nameplate capacity in the Pressure Acid Leach(PAL) circuit on average over a thirty-day period. Ambatovy has been improving production ramp-up steadily and will continue to improve operations to achieve nameplate capacity (60,000 tpa finished nickel and 5,600 tpa finished cobalt, 100% basis).
Corporate Communications Department,