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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

Bullboard Posts
Comment by YourFriendoon May 09, 2018 2:36pm
78 Views
Post# 28006553

RE:RE:RE:What is the end goal for Sherritt

RE:RE:RE:What is the end goal for Sherritt Amabtovy is worth nothing. It will be plagued by bad design forever. It's poorly run as Sherritt does not take the title of operating it seriously and Sumitomo is not an operator. It's really just an orphaned operation.

On top of that, it's likely all the good reserves have already been used. The debt owed by Ambatovy is too great for its cashflow. 

The project should have never been given the green light. Why on earth would anyone build an hpal and refinery on an island with no other nickel reserves.
Bullboard Posts