Ambatovy is the largest capital project in Madagascar’s history. Designed to operate for at least 29 years, Ambatovy will have a major, positive, long-term impact on the Malagasy economy.

Over its lifecycle, Ambatovy will contribute hundreds of millions of dollars to the Government of  Madagascar in taxes, royalties, duties, and other payments. The exact amount of government revenue is difficult to forecast due to multiple variables that include the market price of nickel and cobalt, the cost of input commodities (such as coal, limestone, and sulphur), inflation, and other factors that are also subject to fluctuation.

Ambatovy’s investments in job creation, infrastructure, and support for local business will also contribute significantly to Madagascar’s potential for future growth.

Many extractive industries in sub-Saharan Africa have chosen to refine their minerals in Asia, Europe, or North America. Ambatovy’s decision to fully refine its products in Madagascar will generate significant local benefits including an additional 1,000 high-quality, well-remunerated jobs, enhanced technology transfer, and expanded capacity building. These will all generate substantial economic returns for Madagascar over the long run.