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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 Nov 15, 2019 4:38pm
147 Views
Post# 30358566

Clarity on nickel market demand stainless vs batteries

Clarity on nickel market demand stainless vs batteries
Stainless accounts for about 70% of global nickel demand estimated at 2.4 million tonnes this year, while batteries’ share was about 4%.
As electric vehicle sales climb, Roskill forecasts nickel demand from the battery sector to rise to 258,000 tonnes or nearly 10% of the total in 2022, when many expect parity between the costs of making battery- and ICE-powered cars.
Roskill sees batteries’ share at 20% of global nickel demand totaling 3.69 million tonnes by 2030, while stainless steel mills will account for 60%. 
 
Bullboard Posts