Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by autofocus111on May 26, 2023 9:48pm
49 Views
Post# 35466869

RE:Andy Home - Reuters May 25

RE:Andy Home - Reuters May 25 Typical hyped-up (although probably accurate) reporting.

The surge in China's imports of class 1 Ni starting in 2015 was due to Indonesia banning exports of raw Ni ore that China was smelting into NPI for use in SS production, and should be considered an outlier. 

In the years that followed, Chinese companies were forced to build NPI smelters in Indonesia, and as that capacity gradually went into operation, Chinese SS producers' demand for class 1 Ni slowly dropped back down as they switched to that Indonesian supply of NPI. The import spike in ~2021 was due to a new ban of ore exports by Indonesia this time try to convince SS producers to build plants there and capture even more of the value-add chain (don;t think they had much success on that one).

The proper baseline import numbers are those of the pre-ban period, and apart from the very recent slump, are pretty much in-line with that baseline.
<< Previous
Bullboard Posts
Next >>