Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

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 > Moa JV

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Post by CPA023on Jul 27, 2023 2:58pm

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Post# 35560170

Moa JV

At current prices for nickel and cobalt, Moa JV will make a profit of about 20 M per quarter on a 100% basis. So, if they do not make any distribution to their partners before 2024, they should add 40 M to their bank account and, with the 20 M in profit per quarter, there should be enough cash to pay the GNC receivable in 2024.

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Advancing flagship Ishkõday Gold Project in Ontario