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 > WTF

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Post by CNG1978 on Mar 30, 2023 8:09pm

WTF

It doesn't work that way. Is it 120 Kt of MHP or 120 Kt of nickel equivalent. Big difference, like 5x difference in volume. Clean nickel sulfate (1 Ni:5 H2O) vs MHP that is not quite Class 1 but the cost for CAM plants to remove the impurities and transform to Ni Sulfate is apparently economic. This has been known for quite sometime.

Ford has been signalling for at least three years that they were quite comfortable moving forward with thier partners from China in the battery manufacturing space.

I think I may have mentioned this before many moons ago, but I fully expect the U.S and Canada to become net importers of MHP nickel from Indonesia. Public record, Vale has been importing matte from Indonesia to Canada. Honestly never would have thought that even a few years ago.

V, quit ranting and have some patience. Seriously ffs.

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