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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 Cassius1977on Aug 31, 2018 10:50am
75 Views
Post# 28548549

RE:LME Ni stockpiles

RE:LME Ni stockpiles
frs1960 wrote:
After 12 tons up yesterday, 1'896 tons down today. New low at 238'782 tons, well bellow the 240k tons. Shanghai stockpiles at 17'678 tons. All together equal to 6 weeks worldwide consumption. Some speculators try to keep Ni price low, but it won't last. In price can go one direction, up. And so will do Sherritt in the coming weeks, just a matter of time.



I whole heartedly agree.  Right now sentiment is governing the spot price more than fundenmentals. The reality is that nickel currently apears to be in a structural defecit and if this breath taking drawdown continuesit is only a matter of time before the SP of sherritt and spot price follow.
Bullboard Posts

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