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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 Stratocheifon May 31, 2023 10:58am
114 Views
Post# 35472486

RE:Nickel price dropping

RE:Nickel price droppingIMO. if there is a real downturn in economic activity over next few months, it could bring sherritt close to the cliff. There was a time years ago when they produced nickel at a cash cost of $3.50 and they did well with nickel at $4.50
 If nickel now falls to 8 or 7, or 6 how will things go? Thier cash costs are no longer $3.50.  
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