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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 CanadianAnimalon Oct 15, 2022 9:53am
773 Views
Post# 35026554

Lifting Sanctions

Lifting SanctionsHappy Fall Season Everyone. I havent chimed in for a while. I would certainly like to see sanctions lifted from the US for the people of Cuba first and then for Sherrit product. But as for Sherrit product , there must be so much demand in Europe for product that it would eat it all up. They are doing the right thing by being much more aggressive on electrification of transport and setting deadlines. Why wouldnt Ford be buying up supply now while its low for its 5 Billion dollar battery plant being built in Windsor Ontario. Maybe thats the reason for building it in Canada so they can use Sherrit nickel and cobalt from Saskatchewan and Cuba. Also my memory is of low grade so I cant remember the other battery plant being built in Ontario. Joint venture between LG and not sure but Im gonna guess Mitsubishi for 3.5 Billion. Could be the same reason. The placement of these plants totally makes sense along the 401 corridor and CN rail line. As long as the battery says Made in Canada then it can go. Thoughts or Perspective
CanadianAnimalLover
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