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

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Post by CommonCents123on Sep 18, 2023 12:42pm

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Post# 35641602

NICKEL DOWN AGAIN BELOW $9

Ouch...Ni back below $9. Maybe it's the anticipation of another FED rate hike or the glut of Nickel on the market?

Average Ni prices getting lower and lower. Hurts our profit margins at Sherritt unfortunately. It's one thing not being able to sell to the USA but if we can't sell to the rest of the world because of a slowdown, we better hope the board stops the expense of a 20% expansion for shareholder's sake.

GLTA