Madagascar
Japan's Sumitomo appoints new CFO for Ambatovy
Japanese nickel and cobalt mining and industrial complex Ambatovy has appointed a new CFO, Kentaro Kanayama.
Some 60% of the world's cobalt reserves are found in the Democratic Republic of Congo, while other African nations, including Zambia, Uganda, Botswana, Namibia, Morocco, Ivory Coast and Guinea also hold resources of this sought-after metal used in the growing electric battery market.