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 Nov 24, 2023 2:35pm

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Post# 35752014

THE COST OF EVs WILL DEFEAT THE REWARD

So Sir Elon X is dropping the prices of his vehicles because of anemic demand and now employees are organizing, demanding higher wages.

This is the kind of economic model that won't support expansion IMHO. Couple that with my previously posted article about the true cost of owning an EV and there's the clincher on the future. If you read the article it speaks to the cost of an EV equivalent being a $17/gallon gasoline cost for an ICE.

https://www.ft.com/content/31ac4ef0-e945-4a9f-acb7-8330ab35680e

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