Sherritt International Corp T.S

People waking up to the nickel bull:

[rkhosla]

Also from Morgan Stanley, commodity strategist Susan Bates detailed the strong global demand for nickel,

“Demand for nickel remains exceptionally strong, with stainless output surging globally to meet demand from the construction, manufacturing and oil/gas sectors, which – together with container shortages and high raw material costs – has driven stainless prices to 14-year highs. Despite chip shortages, EV battery demand has also remained elevated, helping to lift nickel price to the mid-$19k/t level. It had looked like a supply recovery would ease some market tightness into 2H21, but fresh disruptions and ongoing demand strength now look set to keep prices higher for longer. "

https://www.theglobeandmail.com/investing/markets/inside-the-market/article-the-major-canadian-oil-companies-most-likely-to-raise-dividends-and/

[pantonor]

This post has been removed in accordance with Community Policy

[oceaneleven]

A few months ago, expectations had been for surpluses in the second half of this year, but now shortages are more likely. “This year has seen one of the most remarkable turnarounds in nickel consumption, it has been driven by booming conditions in the stainless steel and battery markets,” said Macquarie analyst Jim Lennon.

[rkhosla]

Ocean -- welcome back - you were very optimistic about CO2 capture many months back.  Any news / thoughts on this front?

[satchmo6]

nobody in a dozen posts mention Sherrit----------------------conference call must have been favourable to their palate                                             

[JoJoRabbit11]

conference call tomorrow!  Ni $9 now.