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Sherritt Releases 2014 Results for Ambatovy Joint Venture

Charlotte McLeod
Jan. 08, 2015 04:24PM PST
Base Metals Investing

Sherritt International Corp. (TSX:S) released December 2014 and full-year 2014 operational results for its Ambatovy cobalt-nickel joint venture, located in Madagascar.

Sherritt International Corp. (TSX:S) released December 2014 and full-year 2014 operational results for its Ambatovy cobalt-nickel joint venture, located in Madagascar.

As quoted in the press release:

For the month of December, finished nickel production was 1,302 tonnes (3,254 tonnes, 100% basis), and finished cobalt production was 76 tonnes (189 tonnes, 100% basis). Finished nickel production increased 47% in 2014 compared to 2013 and increased 47% in the fourth quarter 2014 compared to the fourth quarter 2013. For the month of December, ore throughput in the PAL circuit was a record 417,412 tonnes (100% basis), or approximately 83% of nameplate capacity, and finished nickel production represented approximately 64% of nameplate capacity.

Click here to read the full Sherritt International Corp. (TSX:S) press release.

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