Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

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 > Ignore the negative narrative. Sherritt Balance Sheet is go

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Comment by autofocus111on Nov 25, 2023 11:43am

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Post# 35752766

RE: Ignore the negative narrative. Sherritt Balance Sheet is go

"Cost of nickel per pound is 7.25 cdn a lb this last quarter." Incorrect. From the Q3 report:

>>>
Net direct cash cost (NDCC)(1) was US$7.24/lb compared to US$6.76/lb in Q3 2022 primarily due to the impact of lower nickel sales volumes, lower fertilizer by-product credits and higher maintenance costs, partly offset by higher cobalt by-product credits.

2023 Guidance: Metals – NDCC (US$ per pound) $6.75 – $7.25

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