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 through hydrometallurgical processes. 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. 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 Company’s 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 Rbmacon Sep 24, 2014 3:21pm

369 Views

Post# 22967084

Price moves

Something could be coming down the pipe but I think this drop is due to LME inventory of nickel being high.
Of course, it could also be delays in getting up to the level of desired efficiency at Amatovy...etc. or something production related.
Many peers jumped up today. Correcting perhaps....
I expect we'll be softening until either nickel market picks up and/or S can start showing some decent cash flow.
https://www.rttnews.com/2388575/canadian-stocks-slide-global-economic-doubts-canadian-commentary.aspx

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