Loading…
Loading…
Ambatovy mines and refines nickel and cobalt in Madagascar. It is run by two Malagasy companies: Ambatovy Minerals S.A. (AMSA) operates the mine, and Dynatec Madagascar S.A. (DMSA) runs the slurry pipeline and the plant site. Nameplate capacity is 40,000 t/yr of nickel and 4,000 t/yr of cobalt at 99.9 % purity.
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 1 customer-side. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
Paxnet TV (2023-07-20): '광업공단은 암바토비 광산에서 생산되는 니켈의 50% 물량을 국내에 들여올 수 있는 off-take(오프테이크‧장기 구매 계약) 권리를 갖고 있습니다' and '한국광해광업공단은 지난 5월 23일 국내 양극재 생산기업인 에코프로에 300톤 규모의 니켈을 납품했습니다'; ekn.kr (2025-03-14, https://m.ekn.kr/view.php?key=20250314023346372): KOMIR supplied Ambatovy volumes to the domestic market when nickel prices spiked in May 2023. Origin = Ambatovy mine/HPAL refinery, Madagascar; destination = Korea (KOMIR domestic supply, delivered to Ecopro). Related party: KOMIR holds 38.17% of Ambatovy (Korean consortium 45.82%). NICKEL only: no source found for Ambatovy COBALT delivered to Korea or Japan; Ambatovy cobalt is marketed by Sumitomo (US/Europe) and Stratton (Asia) per Reuters 2021-08-27, destinations unnamed.
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
This company sits on the supply side for 2 of its 2 materials — a restriction on those is a tailwind, not a headwind.
As a producer, policy pressure across its produced materials is coverage-limited.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
No actions in the register have named or swept this company in the last 24 months.