A nice alternativeto Sherrit is SBSW. Going big in Brazil. Between long-term holding NILSY and a position I've been slowly building in SBSW, continuing to hold S with all its fleas seems not worth it. $150M in the Cuban bank not accessible, a new planned expansion that drives up debt, and no line of sight for lifting of US sanctions... what's not to like /s.
>>>South Africa’s Sibanye Stillwater has continued its push into battery metals with an announcement on Tuesday it would buy the Santa Rita nickel mine and Serrote copper-gold mine in Brazil, its biggest investment yet in the sector...Sibanye kicked off its shift into battery metals earlier this year with the purchase of a nickel processing plant in France and a minority stake in a lithium project in Finland.Last month it bought a 50% interest in a joint venture with a U.S. company to develop a lithium-boron project. The Brazil deal will add two low-cost, producing assets to the company’s “green metals” portfolio and will immediately add to its cash flows and earnings, Sibanye said.
https://www.reuters.com/article/sibanye-stillwat-deals-idUSKBN2HG0QI