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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

TSX:S - Post Discussion

Sherritt International Corp > Ford will postpone about $12 billion in EV investment
View:
Post by Sanguinity on Oct 26, 2023 7:30pm

Ford will postpone about $12 billion in EV investment

From the article,

  • Ford said customers in North America are unwilling to pay a premium for an EV.
  • The company, in turn, is postponing about $12 billion in EV manufacturing investment.
  • Ford’s Model e EV unit lost about $3.1 billion through three quarters this year.
The rest, here:

https://www.cnbc.com/2023/10/26/ford-will-postpone-about-12-billion-in-ev-investment.html
Comment by CommonCents123 on Oct 26, 2023 7:47pm
You beat me to it,  was just about to post. Good job.
Comment by Sanguinity on Oct 26, 2023 7:53pm
A follow-on to my comment to your post, about how EVs aren't the tsunami some nickelphiles were hoping for.
Comment by CommonCents123 on Oct 26, 2023 8:26pm
Ur bang on pal!  The the EV thing wouldn't lift sherritt out of the basement  anyway.
Sherritt International Corp
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