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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
Comment by Yachtieon Nov 30, 2000 11:26am
261 Views
Post# 2913149

RE: What happened?

RE: What happened?Don't know about the dividend but a couple of problems are on the boil at the moment.Lawsuit still overhanging the co. even if it looks like Sherritt will win it.Price of nickel has been falling although seems to stabilizing at the moment.Also Sherritt has about 10 per cent of Anaconda Nickel in Australia ,which is presently experiencing problems in the boardroom and with ramping up Murrin Murrin to profitable levels.The Anaconda stock price reflects this ,presently 2.25AUD against a high of over 4.00AUD. The lower Anaconda stock price could be a bonus however depending on what plans Sherritt has in that direction.(previous posters have suggested that Sherritt may want to take a run at it.) Yachtie
Bullboard Posts