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Sherritt International Corp.

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Sherritt is a Canadian-based company with over 95 years of experience in mining, processing, and refining nickel and cobalt, critical metals for the energy transition.

Investor website: https://sherritt.com/

About

Sherritt is a Canadian-based company with over 95 years of experience in mining, processing, and refining nickel and cobalt, critical metals for the energy transition. The company operates through a 50% ownership in the Moa Joint Venture in Cuba and a refinery in Fort Saskatchewan, Alberta. Additionally, Sherritt produces agricultural fertilizer and is a significant independent energy producer in Cuba through its Power division.

Verified company data

Mineral resource
Sherritt’s Moa Joint Venture produces cost competitive critical minerals while maintaining high sustainability standards and has an estimated mine life of approximately 25 years. The Moa JV filed an updated National Instrument 43-101 Technical Report on March 31, 2023.
Projects
["Sherritt’s Moa Joint Venture is a 50/50 partnership with General Nickel Company S.A. (GNC) of Cuba. The Moa JV is a vertically integrated joint venture that mines, processes and refines nickel and cobalt for sale worldwide (except in the United States). The joint venture has an open pit lateritic ore mine and processing facility in Moa, Cuba where ore is processed into mixed sulphide precipitate (MSP) containing nickel and cobalt. The MSP is transported to its refining facilities in Fort Saskatchewan, Alberta, Canada. The resulting nickel and cobalt products are sold to various markets, primarily in Europe and Asia. The refinery facilities in Fort Saskatchewan have an annual combined production capacity of approximately 38,200 tonnes (100% basis) of nickel and cobalt.","Sherritt’s Fort Site is a wholly-owned fertilizer business in Fort Saskatchewan that provides inputs (ammonia, sulphuric acid and utilities) for the Moa Joint Venture’s metals refinery, produces agriculture fertilizer for sale in Western Canada and provides fertilizer storage and administrative facilities.","Sherritt’s Metals Marketing includes its 100% interests in subsidiaries established to buy, market and sell Moa JV’s nickel and cobalt production and the Sherritt’s cobalt inventory received under the Cobalt Swap agreement."]
Leadership
Dr. Peter Hancock (Interim President and Chief Executive Officer, Mining industry executive with over 35 years of experience, previously overseeing nickel mining operations at Glencore and leading significant projects.), Yasmin Gabriel (Chief Financial Officer, Accomplished finance leader with 15 years at Sherritt, specializing in financial planning and reporting.), Greg Honig (Chief Commercial Officer, Seasoned mining executive with international experience in private equity and corporate development.), Chad Ross (Chief Human Resources Officer and Corporate Secretary, Strategic HR practitioner with extensive financial background and experience at Sherritt since 2011.), Elvin Saruk (Chief Operating Officer and Head of Cuban Operations, Over 30 years of experience at Sherritt managing large-scale operations.), Fitzroy Richardson (Interim Chief Financial Officer, Seasoned finance executive with nearly 30 years at Sherritt, currently President of New Providence Metals Marketing Inc.)

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