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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 Oct 05, 2023 8:34am
65 Views
Post# 35670604

INCREASES IN PRICING FOR US GOVT BONDS/TREASURIES WILL...

INCREASES IN PRICING FOR US GOVT BONDS/TREASURIES WILL...Cause increased demand for the USD pushing its value higher and higher.  Why be in the market which is starting to feel the bite of rates and will fall, when you have the safety of the biggest economy and military power in the world?

A higher USD will impact commodity prices which is clearly showing itself in gold, nickel and copper.

It really is common cents, reality.  Even oil with the production restrictions/decreased supply seems to be taking a breather yesterday/today.  Measured in USD....
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