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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. 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

TSX:S - Post Discussion

Sherritt International Corp > New Caledonia costs are $20,000/t - link
View:
Post by rkhosla on May 20, 2024 8:24am

New Caledonia costs are $20,000/t - link

Their operations are extremely similar to ours. The island is dependent on imported oil and coal.

Global prices have fallen by more than 45% in 2023 to around €19,000 per tonne, while the production cost of New Caledonian nickel is estimated at €22,000 per tonne.

usd/euro = .92

https://www.euractiv.com/section/energy-environment/news/new-caledonias-nickel-industry-in-turmoil/

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