Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

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.

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Sherritt International Corp

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Comment by YourFriendoon Nov 23, 2018 12:48pm

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Post# 29014670

RE:Update on nickel market deficit

The reason nickel prices are falling is:

- The EV battery story is over hyped, everyone who really understands the nickel market knows this.

- Indonesia will puke out enough nickel units in the next several years to wipe out any deficit.

But even at these prices, good companies still make money on their nickel units (Glencore and Vale).

Sherritt on the other hand will go bankrupt if prices continue to stay like this. They will never be able to finance their debt at sustainable rates.

Enjoy your 0.49 cents!

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