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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

Comment by downwithdotcom1on Sep 30, 2024 2:39pm
64 Views
Post# 36247162

RE:Big shot cuts output due to ore shortage:

RE:Big shot cuts output due to ore shortage:Ni and Co prices have been slaughtered by a certain Asian Superpower having obtained controlling interests in mines/concentrators often with no regard for safety and the environment (worst has to be this nickel pig iron proccess) in places like Indonesia and the DRC . They have and are now flooding the market creating multi year surpluses and driving down prices ...why??? cheaper input costs to their manufacturing stream and drives higher cost miners out of business to protect market share...note, the ownership of these entities can be traced back to people having indirect and even direct ties to the government..so any commoditee increase should be welcome news, its hardly blast off with Ni around $8 and Co around $11...and thats why Sherritt sits @ 20 cents...yikes...dwdc
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