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Sherritt surrenders equity share at Ambatovy to cut $1.4B in debt

Andrew Topf | May 01, 2017 | 6:35 pm Base Metals Battery Metals Cobalt Nickel 

Canada-based nickel miner Sherritt (TSX:S) has struck a deal with its partners at the Ambatovy nickel operation in Madagascar, allowing the company to eliminate $1.4 billion in debt. In a news release, the Toronto-based firm said it will reduce its stake in the joint venture...

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