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 > Indonesia seeks to suppress Ni to $18k - bloomberg 1hr ago

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Comment by CommonCents123on Feb 29, 2024 6:47am

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Post# 35905744

RE:Indonesia seeks to suppress Ni to $18k - bloomberg 1hr ago

Not sure if I missed something but the article says the price of nickel will be $15k a ton for the forseable future. That's a result of production and EV demand. Indonesia production is there, but I don't believe EV DEMAND will continue.

Hence nickels outlook is bleak at best and so is Sherritts by extension.

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