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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 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.


TSX:S - Post by User

Bullboard Posts
Post by Contrarian333on Apr 23, 2018 9:26am
94 Views
Post# 27925258

Nickel Industry- Wide Cash Costs Discussion

Nickel Industry- Wide Cash Costs DiscussionSam Broom of Sprott Global Resource Investments, in this conversation with Maurice Jackson of Proven and Probable, discusses the supply and demand equations for two essential elements in EV batteries, nickel and cobalt.


"It’s hard to give an exact number, but last I checked I would say industry-wide cash costs average somewhere around $4-5 a pound. If you take in all-in sustaining costs, you’re probably looking at above $6.50 a pound. If you take into consideration the true cost of production, including capital costs, which you should always do, it’s probably above $7 or $8 a pound. Nickel’s currently trading at $6.50 a pound, or about $13,000 to $14,000 a ton. By and large, the industry is underwater at these prices."
Bullboard Posts