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. 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 to improve environmental performance... see more

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Sherritt International Corp > Aussie Nickel Industries posts record quarterly output

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Post by Sanguinity on Jan 30, 2024 12:25pm

Aussie Nickel Industries posts record quarterly output

https://www.mining.com/web/nickel-industries-announces-100m-share-buyback-posts-record-quarterly-output/

"Nickel Industries, which has operations in Indonesia, said on Tuesday it intends to start an on-market share buyback of up to $100 million, while reporting record quarterly output from its rotary kiln electric furnace (RKEF) projects."

Going from success to success, Nickel Industries hailing from Australia and mining in Indonesia isn't pumping the brakes and laying off people. It's buying back shares!

Could it get any better? Why yes. Yes it can:

"The company also said it intends to return between 30% and 60% of its free cash flow to shareholders via regular dividends."

BOOM.