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

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Post by CommonCents123on Oct 18, 2023 8:34am

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Post# 35688616

INTERESTING DIRECTION AS WE HEAD INTO YEAR END FOR EVs

The bill has arrived and the kneejerk reaction to EVs is starting to normalize.

Not that the American market will make any difference to Sherritt, they can't sell nickel or cobalt there.

But this does reflect the current direction of EVs. Lots are starting to carry excess inventory.

Good little video explaining what's actually happening in that market.

https://youtu.be/cZlsZwcIgpc?feature=shared