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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

Post by rkhoslaon Jul 26, 2021 10:50pm
124 Views
Post# 33608693

Reuters carried something similar:

Reuters carried something similar:Both bullish and bearish - great outlook rest of 2021 but these analysts still fearing Indonesian 2022 new supply and surplus. Here's a link and a quote: 
https://www.reuters.com/article/idUSKBN2EW157
“This year has seen one of the most remarkable turnarounds in nickel consumption, it has been driven by booming conditions in the stainless steel and battery markets,” said Macquarie analyst Jim Lennon.

“But the relentless rise in Indonesian production, combined with an expected slowdown in the pace of nickel consumption growth should tip the market into over-supply in 2022/23.”

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