Sumitomo says Ambatovy nickel plant shut for 2 weeks in February

Japanese trading house Sumitomo Corp said on Wednesday its Ambatovy nickel plant in Madagascar was forced to shut for about two weeks in early February due to trouble at its hydrogen plant, and may miss its revised annual production target. Sumitomo owns a 47.7% stake in Ambatovy, while South Korea’s Korea Resources Corp and Canada’s Sherritt International Corp also hold stakes in the project.