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Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

Sherritt International Corporation is a Canada-based company engaged in the mining and refining of nickel and cobalt metals essential for the adoption of electric vehicles. The Company is engaged in the production of high purity nickel and cobalt metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance. It is also the independent energy producer in Cuba. The Company offers a range of products including Nickel, Cobalt, Fertilizers and Other Products. The Nickel products category includes standard grade, steel grade, and nickel powders. The Cobalt products category includes cobalt briquettes and cobalt powders. The Fertilizers product category includes anhydrous ammonia, granular ammonium sulfate, crystalline ammonium sulfate-super salt, and crystalline ammonium sulfate-standard grade. The Other products category includes sulfuric acid, zinc sulfide, and copper sulfide.


TSX:S - Post by User

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Post by BCsilveron Dec 08, 2017 9:30am
50 Views
Post# 27116244

Budweiser Reserves 40 Tesla Electric Trucks

Budweiser Reserves 40 Tesla Electric Trucks

Budweiser Maker Anheuser-Busch Reserves 40 Tesla Electric Trucks: WSJ

Anheuser-Busch, which makes Budweiser beers, has reserved 40 of Tesla Inc's all-electric Semi trucks as it seeks to reduce fuel costs and vehicle emissions, the Wall Street Journal reported on Thursday.

This could the biggest order Tesla has received for its electric trucks, which are scheduled for rollout in 2019.

The U.S. subsidiary of Anheuser-Busch InBev NV plans to use the trucks for shipments to wholesalers within 150 to 200 miles of its brewery locations — well within the 500-mile range that was promised by Tesla Chief Executive Elon Musk, the Journal reported. (https://on.wsj.com/2j40eK1)

The brewing company has not finalized yet whether to buy the vehicles outright or lease them, James Sembrot, the company's senior director of logistics strategy told the Journal.

Last month, Tesla received orders for its electric trucks from high profile companies such as Wal-Mart Stores Inc and fleet operator J.B. Hunt.

Germany-based Deutsche Post AG's DHL and Fortigo Freight Services Inc, one of Canada's largest fleet management companies, also pre-ordered Tesla's electric trucks last month to test on limited routes.

Anheuser-Busch and Tesla were not immediately available for comment.

https://money.usnews.com/investing/news/articles/2017-12-07/budweiser-maker-anheuser-busch-reserves-40-tesla-electric-trucks-wsj


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