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 > Giga Metals and Mitsubishi

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Comment by FCPladyon Aug 23, 2022 12:12pm

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Post# 34914466

RE:RE:Giga Metals and Mitsubishi

You asked, WTF doesn't Japan just buy S? Simple. Sumitomo keeps reminding everyone about Ambatovy!

Maxmoe wrote:
DI'd you actually read the article? The best was the last. All I needed to know about giga is right here. Will the Japanese invest in anything,everything, nothing or WTF is a 15 year payback and 5% IRR in yen? Something better than total cr@p? Meanwhile sherritt trades at 1X @ ??? Why TF doesn't japan buy sherritt instead ??? other than fear of another nuclear bombing ?
Initial capital costs were pegged at $1.4 billion, with $2 billion budgeted for sustaining capital over the life of the mine. Based on prices of $7.50 per lb nickel and $22.30 per pound of cobalt, the study outlined an after-tax internal rate of return of 4.9%. Initial capex could be paid back in just under 15 years.

FCPlady wrote: S keeps bumbling along while another nickel company signs a deal with a car company. Sigh.

Giga's CEO is Martin Vydra who worked with S for decades. He ran their Moa operations and their Technologies group. Heard him speak at a couple of conferences. The guy knows his stuff.

Giga Metals, Mitsubishi to develop Canadian nickel deposit - MINING.COM