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Bullboard - Stock Discussion Forum 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... see more

TSX:S - Post Discussion

Sherritt International Corp > World is waking up to nickel
View:
Post by Albatross on Apr 21, 2023 2:08am

World is waking up to nickel

https://oilprice.com/Metals/Gold/Nickel-Surplus-Weighs-On-Stainless-Steel-Prices.amp.html
 

Yes there are two classes of nickel... so people who write these articles stating that nickel supply is greater than demand need to wake up and stop including class 1 under the same umbrella as class 2

Comment by mas7575 on Apr 21, 2023 2:19pm
Agreed.  IMO, the use of class 1 nickel for uses like stainless steel production would be like using 94 octane gasoline in your lawn mower. A waste of time and effort, and this would also result in less class 1 available (already limited, and shortages anticipated as ev sales continue to grow) for specialized uses such as ev batteries.  this would definitely be misleading- class 2 ...more  
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