Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Copper

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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Comment by Contrarian333on May 11, 2018 12:32pm

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Post# 28019107

RE:RE:RE:RE:RE:What is the end goal for Sherritt

@Contrarian If they did do a Co streaming deal on Moa output, use the proceeds to boost their stake in Ambatovy back up, although I'm not sure according to the terms they reached to drop from 40% to 12% will let them do that on an open-ended basis. Definitely NOT double down on their oil biz. I an not a fan of their oil E&P activities... just too small scale and high risk IMO. They would use the proceeds from a cobalt streaming deal to get rid of debt would be my guess.

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