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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.


TSX:S - Post by User

Sherritt International Corp > Reality
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Comment by CommonCents123on Nov 04, 2023 11:42pm
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Post# 35717976

RE:RE:RE:RE:RE:RE:RE:RE:Reality

RE:RE:RE:RE:RE:RE:RE:RE:RealityYup...I've mentioned this before.  The Cuban government needs cash and the Cobalt swap agreement might change as a result.  Remember the history, Sherritt was owed money that the Cubans held back.

What's to say that doesn't happen again? 

The Cubans are being strangled by the US embargo and no amount of assistance from Mexico, Venezuela, the Pope, the BRICS, China, Russia, tourism etc is going to help enough to let Cuba prosper.  The United Nations who voted almost unanimously to have the USA release the embargo knows the pain it is causing the Cuban people.  

Sherritt is an unfortunate victim in this situation as well.  Just 90 miles away they could be selling Nickel and Cobalt but it won't happen until the embargo is lifted/relaxed.
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