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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 Albatrosson Jan 16, 2024 6:47am
76 Views
Post# 35828373

RE:Cost Cutting and Production Reliability Initiatives

RE:Cost Cutting and Production Reliability Initiatives

Yeah in my opinion they need to axe their whole research department. They have been nothing but a burden. They have produced nothing that has helped Sherritts bottom line. It is perhaps okay to have some R&D in a company with healthy finances but for this company it cannot afford to have it. They should also move corporate headquarters to Alberta. Tons of cheap office space, surely less expensive than Toronto and closer to the refinery as well... downsize management to just bare bones.  

This is sink or swim people. Sherritt cannot afford to not take action, everyone's job is on the line.

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