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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 autofocus111on Nov 14, 2023 6:27pm
139 Views
Post# 35735627

LICY major fail

LICY major failWhen the EV battery recycling businesses go titts up (because it's not a profitable business and government loans can only go so far to support a bleeding pig), then that will boost demand for mined metals. I continue to believe that BEV sales growth will be far slower than forecast. Fortunately, it's a small percentage of overall Ni demand, and the Ni market will continue to see relatively steady albeit slow growth from the dominant end uses in SS and other specialty alloy applications.

>>> risk and uncertainties related to Li-Cycle's ability to continue as a going concern; uncertainty related to the success of the cash preservation plan and related workforce reductions;

https://www.businesswire.com/news/home/20231113091568/en/Li-Cycle-Reports-Third-Quarter-2023-Financial-Results-and-Provides-Business-Update
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