Ambatovy is a major industrial operation mining and refining nickel and cobalt in Madagascar, off the east coast of Africa. At a total project cost of more than US$ 8 billion, Ambatovy is the largest-ever foreign investment in the country – and one of the biggest in sub-Saharan Africa. It ranks among the largest lateritic nickel mining entities in the world and has a yearly production capacity of 60,000 tons of nickel and 5,600 tons of cobalt, of 99.9% purity.
Ambatovy constantly strives to be a leader in operational efficiency, health and safety, environmental management, and social engagement – all while contributing to the long-term prosperity of Madagascar. Ambatovy’s activities include infrastructure and social development, environmental management and rehabilitation, and capacity and skill building for local talent and local businesses.
Ambatovy is a joint venture between Sumitomo Corporation (Japan) and KOMIR (formerly known as KORES, South Korea).
Our Corporate Structure
Ambatovy is comprised of two companies: Ambatovy Minerals S.A. (AMSA) and Dynatec Madagascar S.A. (DMSA). AMSA is the holder of the mining title and operates the Mine Site and pipeline, and DMSA manages the Plant Site and all the activities related to it. Both AMSA and DMSA are subject to the laws of Madagascar. In practice, AMSA and DMSA act in parallel under the purview of Ambatovy’s Executive Committee, which consists of members from each of the two partner companies.
To be recognized as the world’s most successful and sustainable producer of high-quality nickel and cobalt.
To deliver high quality nickel and cobalt to the market, operating at high standards of corporate and social responsibility, with utmost regard for the health and safety of our employees and contractors, the preservation of the surrounding environment, and the creation of long-lasting benefits for the communities in the areas where we operate.
We treat others with dignity and respect, regardless of the situation.
We are true to our word and are ethical in all that we do.
We take responsibility for our choices, our words and our actions.
We never stop seeking to improve our business.