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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 beelzeebuub1on Sep 02, 2019 11:54pm
293 Views
Post# 30088984

Goldman sez....

Goldman sez....https://www.thesudburystar.com/news/local-news/indonesia-bans-nickel-exports-boosting-prices Goldman Sachs said in a note on Sunday it expects London nickel prices to reach $20,000 per tonne in three months due to the ban. Ariyono said the timetable was expedited because of the limited pool of mineable nickel resources. The national proven reserve for nickel is only 698 million tonnes, which can only supply smelting facilities for 7.3 years, he told reporters, adding that Indonesia currently has 11 working smelters with input capacity of 24 million tonnes of ore. It has 25 more smelting facilities in the pipeline. The government had initially said it would ban nickel ore exports from January 2022, according to a rule released in 2017.
Bullboard Posts