Bullboard - Stock Discussion Forum Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

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

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Sherritt International Corp > VAT

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Post by rkhosla on Aug 12, 2021 10:40am

VAT

You can do your own googling, but it's a big tax:

https://news.metal.com/newscontent/100879916/china-to-cut-manufacturing-vat-by-3-percentage-points/

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Comment by DumbDumberArse on Aug 12, 2021 10:48am

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Comment by rkhosla on Aug 12, 2021 11:03am

I can't believe I'm actually engaging in conversation with you. Our ships go Cuba Halifax Rotterdam and that's where our Nickel primarily goes. China has an import tax obviously too so you can't get around it.

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