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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 > And in other news
View:
Post by thenorthvanman on Apr 16, 2021 7:12pm

And in other news

https://www.theverge.com/2021/4/16/22387129/gm-lg-tennessee-ultium-battery-factory-spring-hill
Comment by thenorthvanman on Apr 16, 2021 7:18pm
Ultium batteries to be produced in Ohio are an NMCA formulation with almost 90% Ni and 5% Co. This 35 gigawatt factory in Tennessee will use a more cost effective chemistry which I presume to mean even less cobalt as LFP is out of the question for a premium brand like Cadillac. That looks to be about 32k tonnes of Ni per a year in demand just from this one plant.
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