May 1 (Reuters) - Sherritt International Corp S.TO
* Sherritt and Ambatovy Joint Venture Partners reach agreement in principle
* Sherritt International Corp says Sherritt to remain as operator until at least 2024 in joint venture
* Sherritt - elimination of Ambatovy JV additional partner loans, $1.4 billion at March 31, 2017, from sherritt's balance sheet with transfer of 28% interest in ambatovy
* Sherritt International - revised joint venture partnership terms for sherritt to escrow about $23 million to satisfy 12% of potential future funding requirements Source text for Eikon: ID:nMKWZKLmGa Further company coverage: S.TO