Sherritt International Corp. , a world leader in the mining and refining of nickel and cobalt from lateritic ores, announced that, in order to preserve liquidity and protect its balance sheet and consistent with previous disclosure, it will not fund its 12% share of a US$45 million cash call received from the Ambatovy Joint Venture . The cash call was made due to the Ambatovy JV’s short term liquidity needs. As a [...]
Sherritt International Corp. , a world leader in the mining and refining of nickel and cobalt from lateritic ores, announced that its refinery in Fort Saskatchewan Alberta has reached three billion pounds of finished nickel production since its operations first began in 1954. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190301005076/en/ Sherritt marked 3 [...]
Sherritt International Corp. , a world leader in the mining and hydrometallurgical refining of nickel and cobalt from lateritic ores, today reported its financial results for the three- and 12-month periods ended December 31, 2018. All amounts are in Canadian currency unless otherwise noted. CEO COMMENTARY “Sherritt ended 2018 with lower debt and more cash than we started the year with as a result of several [...]
Sherritt International Corp. , a world leader in the mining and refining of nickel and cobalt from lateritic ores, today published the Applicable Reference Cobalt Price and Applicable Common Shares per Warrant Ratio for the three-month period ended January 31, 2019. Reference Date Applicable Reference Cobalt Price Applicable Common Shares per Warrant Ratio January 31, 2019 US$28.65 1.00 Consistent with the terms of the [...]
FinancialNewsMedia.com News Commentary Since lithium is being used in more and more electronic devices, usually as the battery of choice, the question of supply and demand continues to hang over the market. As per an article from the technology industry regarding the demand, "Lithium batteries are commonly used as power sources for portable electronics and implanted medical devices. Though more expensive than ordinary [...]
Sherritt International Corp. today announced its 2018 production results and provided guidance for its expected production, unit costs and capital spending in 2019. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190128005181/en/ Finished cobalt produced at Sherritt's refinery in Fort Saskatchewan, AB. Highlights Finished nickel production at the Moa Joint [...]
Sherritt International Corp. , a world leader in the mining and refining of nickel and cobalt from lateritic ores, today published the Applicable Reference Cobalt Price and Applicable Common Shares per Warrant Ratio for the three-month period ended December 31, 2018. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190108005999/en/ Sherritt cobalt production [...]
Leonovus Inc., the next generation of hyper-secure software defined storage solution, today announced that Sherritt International, , a world leader in the mining and refining of nickel and cobalt from lateritic ores, has selected Leonovus to strengthen its data security capabilities and support its evolving storage infrastructure. The pilot starts in January 2019. "The Leonovus software solution gives us the flexibility [...]
Sherritt International Corp. , a world leader in the mining and refining of nickel and cobalt from lateritic ores, today published the Applicable Reference Cobalt Price and Applicable Common Shares per Warrant Ratio for the three-month period ended November 30, 2018. Reference Date Applicable Reference Cobalt Price Applicable Common Shares per Warrant Ratio November 30, 2018 US$33.74 1.00 Consistent with the terms of the [...]
Sherritt International Corp. , a world leader in the mining and refining of nickel and cobalt from lateritic ores, today published the Applicable Reference Cobalt Price and Applicable Common Shares per Warrant Ratio for the three-month period ended October 31, 2018. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181107005890/en/ Finished cobalt produced at [...]
Sherritt International Corp. , a world leader in the mining and hydrometallurgical refining of nickel and cobalt from lateritic ores, today reported its financial results for the three- and nine-month periods ended September 30, 2018. All amounts are in Canadian currency unless noted. CEO COMMENTARY “Our performance in the third quarter was marked by clear signs of progress,” said David Pathe, President and [...]
Sherritt International Corp. has scheduled the timing of its third quarter results announcement and conference call as follows: Press Release: October 31, 2018, after market close Conference Call and Webcast: November 1, 2018, 9:00 a.m. North American callers, please dial: 1-866-521-4909 International callers, please dial: 647-427-2311 Live webcast: www.sherritt.com The webcast along with the presentation slides will be [...]