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 > Sherritt 10.75% notes of 2029 are weakening as are the 8.5%

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Post by Oaxacanon Oct 05, 2023 2:31pm

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Post# 35671594

Sherritt 10.75% notes of 2029 are weakening as are the 8.5%

The continued weakness of nickel and cobalt prices coupled with rising interest rates is finally starting to take a toll on the Sherritt notes with recent trades (October 3) reported on the IIROC website at $68.50 for the 2029's and $81.50 for the 8.5% notes of 2026.

GLTA

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