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Sherritt accepts nickel-plated haircut

Reduced Ambatovy exposure comes at a cost

Mining Journal
Ambatovy nickel plant in Madagascar

Ambatovy nickel plant in Madagascar

Now Sherritt is adding by subtracting, handing over the bulk of its stake in the mega-project to partners Sumitomo Corp and Korea Resources Corp in exchange for forgiveness of C$1.4 billion in partner...

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