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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

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Post by Contrarian333 on Jun 27, 2024 11:02am

Abaxx

Abaxx Exchange launches in Singapore tomorrow morning (tonight EST)!  Opening trades likely in LNG and carbon credits but nickel sulphide to follow shortly thereafter.
Comment by Contrarian333 on Jun 27, 2024 6:53pm
correction nickel "sulphate"
Comment by FrozenInOntario on Jun 28, 2024 9:33am
Hey Contrarian, Thanks for bringing this one out to my attention.   What connection do you see with Abaxx nickel contract and Sherrit ?  Understand that it might mean a premium for clean nickel but do you think Sherrit nickel qualify ? Regards,
Comment by Contrarian333 on Jun 28, 2024 1:10pm
Hi - I don't necessarily see a direct connection between Abbax and Sherritt.  I just see Abaxx as having done something which hasn't been done in decades which is to build an Exchange and Clearing House to meet many issues in the world of commodities (i.e. no direct way of hedging LNG).  These exchange businesses are very highly valued businesses because of the recurring nature ...more  
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