Sherritt International Corp. today announced that its Cuban partners have formally ratified an overdue receivables agreement for repayment of amounts owed to Sherritt from Energas S.A. of US$150 million, and have made the first monthly payment of US$2.6 million to Sherritt in Canada in accordance with the terms of this Agreement. The overdue amounts from Energas relate to Sherritt’s power business in Cuba, and [...]
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 May 31, 2019. Reference Date Applicable Reference Cobalt Price Applicable Common Shares per Warrant Ratio May 31, 2019 US$15.61 1.00 Consistent with the terms of the Warrant [...]
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 April 30, 2019. Reference Date Applicable Reference Cobalt Price Applicable Common Shares per Warrant Ratio April 30, 2019 US$16.11 1.00 Consistent with the terms of the [...]
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 months ended March 31, 2019. All amounts are in Canadian currency unless otherwise noted. CEO COMMENTARY “Initiatives launched in 2018 to improve operational effectiveness, increase mining equipment availability, and improve ore [...]
Sherritt International Corp. will release its first quarter 2019 financial results after market close on April 25, 2019. Senior management will host a conference call and webcast on April 26 at 9:00 am ET to review the first quarter’s financial and operational results. Dial-in and Webcast Details: North America dial-in number: 1 521-4909 International dial-in number: 427-2311 Webcast and slide presentation [...]
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 March 31, 2019. Reference Date Applicable Reference Cobalt Price Applicable Common Shares per Warrant Ratio March 31, 2019 US$18.53 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 February 28, 2019. Reference Date Applicable Reference Cobalt Price Applicable Common Shares per Warrant Ratio February 28, 2019 US$23.45 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, 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 [...]
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