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Sumitomo sees Ambatovy at 50% utilisation rate in Jan to March

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Sumitomo said on Thursday it expects its Ambatovy nickel/cobalt project in Madagascar to run at about a 50% utilisation rate in the January-March quarter, rising to 80% from April. The trading house said last week that the project had resumed operations from end-January after halting operations earlier in the month due to cyclone damage.
 
 
 
 
 

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