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Bullboard - Stock Discussion Forum Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

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 > Australia plans tax relief for nickel miners
View:
Post by Sanguinity on Feb 26, 2024 6:54pm

Australia plans tax relief for nickel miners

“The Cook government will offer royalty relief to Western Australia’s crucial nickel industry, supporting thousands of local jobs as well as the state’s vision of becoming a global battery minerals processing hub,” Western Australia premier Roger Cook said in a statement on Saturday.

Under the tax rebate program, local producers would receive a 50% royalty rebate whenever the average nickel prices are below $20,000 per tonne for a given quarter.





https://www.fastmarkets.com/insights/australia-plans-tax-relief-to-shield-miners-from-nickel-price-slump/
Comment by CommonCents123 on Feb 27, 2024 7:43am
Canada is giving Rio Tinto money to "green" their iron ore operations.  Alas poor Sherritt remains in the wilderness.  https://ca.finance.yahoo.com/news/rio-tinto-gets-c-18-193703371.html GLTA
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