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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 Albatrosson Dec 06, 2024 2:59pm
159 Views
Post# 36349896

RE:Make or break 2025

RE:Make or break 2025

Well there are a few positive took look forward to:

1) commissioning mine expansion in 2025 with up to 20% production boost. 

2) expected increasing nickel prices from 2025 through 2030... although obviously subject to market supply demand cycle there is concensus that demand will pick up. The question is how much will supply pick up?

Downside is 

1) debt is coming due.. restructuring expected but there's always risk that falls through and shareholders lose everything. 

2) ageing refinery subject to increased repair/replacement cost. Margins get depressed significantly by input costs and inflation. 


By no means is this comprehensive but its not a sure fire win and I regret being greedy with this stock. I should of got out but I'm hopeful there will be a rebound. Many other investors on this board have a similar view I think. 

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