Mining · Holguín

Moa Nickel + Cobalt Belt

Nickel/cobalt mining & processing

🟡 Joint ventureℹ️ Atlas — info only🚫 OFAC SDNConfiscated · no active suit

Scale

Holguín holds ~34% of world Ni reserves; Moa ~32,000 t Ni/yr

Status

Sherritt suspended 2026; recapitalization/restructuring opportunity

Sector

Mining

Province

Holguín

Coordinates

20.650, -74.920

Layer

Layer 2 · Atlas

Notes

Strategic critical minerals (Ni, Co).

Controlling entity

Moa Nickel S.A. (Pedro Sotto Alba)🚫 SDN

Cuban Govt 50% + Sherritt (Canada) 50% nickel/cobalt JV. Designated on the OFAC SDN list under EO 14404 (May 2026) — an active sanctions escalation.

Helms-Burton · confiscated property

Confiscated · no active suit

Original owner (1960)

Moa Bay Mining Co. (Freeport Sulphur)

1972 certified value

$88.3M

Current claim-holder

Freeport lineage

Certified (FCSC)

Yes — certified claim

Title III status

none active

Sources: USGS · Splash247

Information only — no U.S. participation today. Register a non-binding indication for the pipeline (for non-U.S. capital or a post-sanctions world).

Not legal or investment advice. U.S. sanctions restrict Cuba investment to the licensed independent private sector. Every transaction is KYC'd, OFAC-SDN & Cuba Restricted List screened, confirmed as an independent private entity (≤100 employees), and subject to OFAC counsel. No money flows to state, JV, GAESA, Restricted-List or confiscated-property counterparties.