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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

Post by CommonCents123on Sep 10, 2023 1:52pm
117 Views
Post# 35628364

CROSSING AN OCEAN TO GET SOMETHING JUST 90 MILES AWAY

CROSSING AN OCEAN TO GET SOMETHING JUST 90 MILES AWAYInteresting read below.

Goes to show everyone how deeply rooted the US sentiment against Cuba is. There's an abundance of Ni 90 miles away being processed by our beloved dog Sherritt and yet the US chooses to seek metals an ocean away with partners who haven't been so friendly lately....

I suggest again that Sherritt should consider pursuing other sources of nickel domestically since they already have an operating mill in place at Fort. The Ambatovy venture almost sunk Sherritt because of plummeting nickel prices so anything that would cause them such financial pain sould be avoided. Perhaps a partnership arrangement with an existing  nickel miner? At least then, if the Cuba-Sherritt arrangement does sour or gets broken by a direct US action, they'll be able to continue operations. At the moment all their eggs sit in Moa.

IMO the Cuban populace may actually benefit from their politicians cozying up to Russia and China in that it will force the US to either bring Cuba into the fold in a benign or malignant way but be done with it once and for all. 

https://www.reuters.com/markets/commodities/us-saudi-arabia-talks-secure-metals-africa-wsj-2023-09-10/

GLTA

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