Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Copper

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.

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Sherritt International Corp > John David’s question

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Comment by YourFriendoon Nov 03, 2022 5:14pm

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Post# 35071102

RE:RE:RE:RE:RE:RE:RE:John David’s question

This idea that they are secretly hidding working capital in the Moa JV is just wrong:

1) Cash in the JV has actually dropped YOY

2) The increase is solely due to unsold nickel and cobalt, which is valued much higher than previous year end becuase unit cost production is much much higher.

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Critical materials crisis: Diversifying away from China’s monopoly