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Bullboard - Stock Discussion Forum 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... see more

TSX:S - Post Discussion

Sherritt International Corp > Indonesia Nickel for EV’s
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Post by BackEndPugMill on Mar 08, 2021 5:42am

Indonesia Nickel for EV’s

With the new announcement, of using nickel matte for EV batteries, what does the Indonesian government think of this??? They want to be the EV battery hub of the world and do it ethically. They have already said that they are to stop the practice of deep sea tailings (has caused re-engineering of two projects that I know of), promote future coal gasification for power and steam generation, to reduce air pollution. Then to potential to grant permission to turn NPI to matte which is highly energy intensive, and produce mass air pollution (If using traditional technology). With world of EV manufacturing has eyes on this country, they might want to get a grip on this. Their dreams may be shattered, from the point of creating a green EV in the worlds eyes. Who knows maybe Indonesia will tell Tsingshan that they can’t use that practice and they end up buying a lot of class 1 nickel fulfill their new contract. Time will tell.
Comment by Rickmorris1 on Mar 08, 2021 5:49am
This post has been removed in accordance with Community Policy
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