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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

Comment by rkhoslaon Jan 29, 2021 1:36pm
107 Views
Post# 32421522

RE:Inputs

RE:InputsNonsense.  The oil/natural gas we use in AB has not going up significantly nor sulfur.  Cuba has an issue getting enough crude but we seem to have over come that.  To the contrary the rise in realized price of our Co byproduct has offset any input cost rise.  One thing i would say though is stronger dollar will erode our earnings (we do business is USD but report in CAD and all our debt in CAD.  So all things being equal a lower dollar might help.  However USD strength usually would correlate with a hard commodity like Ni dropping in price a bit so maybe this all evens out...
YourFriendo wrote: When doing your cf, keep in mind that inputs Sherritt uses are also increasing, at even a higher rate than nickel. Probably trims 50$ cents of margin per pound.


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