Sherritt benefiting from Vale's destruction??-Vale, the largest producer of nickel in the world just recently experienced a massive disaster at one of their mining sites: "J.P. Morgan estimates that settlement costs for the Samarco disaster have reached $20 billion." Investment bank Jefferies said the incident could have implications for the broader mining sector. "While we hope the reports of fatalities are inaccurate, we do believe this is a material negative for Vale and a positive for other iron ore miners due to upside risk to prices resulting from less supply," Jefferies equity analysts said in a note. https://www.cnbc.com/2019/01/25/shares-of-vale-plunge-after-a-company-owned-dam-breaks.html