SHERF News and Press, Sherritt Intl Corp From 12/01/20

Nickel spot prices were slightly higher in November, and the LME inventory was slightly higher than last month. Nickel market news - Wood Mackenzie forecasts nickel demand to increase by 2/3rds by 2040. New US trade group ZETA calls for emissions caps, total EV adoption by 2030. N...

Cobalt spot prices were slightly down for the month and LME cobalt inventory was unchanged. Cobalt market news - Roskill sees a more balanced cobalt market in 2020 & forecasts cobalt demand to double by 2030. Wood Mac forecasts cobalt demand to triple by 2040. Cobalt miners ne...

The following slide deck was published by Sherritt International Corporation in conjunction with their 2020 Q3 earnings call. For further details see: Sherritt International Corporation 2020 Q3 - Results - Earnings Call Presentation

Nickel spot prices were higher in October, and the LME inventory was slightly higher than last month. Nickel hits 11-month high on expectations of robust demand. Nickel market news - Tesla in talks with Vale, BHP, and the Indonesian Govt. to secure nickel. Biden campaign tells miners ...

Cobalt spot prices were down for the month and LME cobalt inventory was unchanged. Cobalt market news - US declares a national emergency to deal with the threat of US critical materials supply. Glencore trader Brocas says OEMs seeking 5-10 year deals for cobalt. Wood Mackenzie -"N...

Nickel 'battery' demand is forecast to increase by 14x from 2019 to 2030. The demand surge will be for battery grade nickel sulphate best extracted from nickel sulphide ore. By 2025 if Tesla was making 5 million EVs pa they would need ~275,000 tpa of nickel each year. That is way abov...

The S&P/TSX Composite Index (INDEXTSI: OSPTX ) closed down last Friday (October 16) at 16,435.69. Concerns over a global increase in coronavirus cases hit the markets as the world continues to await progress in a possible COVID-19 vaccine. In commodities, gold and ...

Nickel spot prices were slightly lower in September, and the LME inventory was slightly lower than last month. Nickel market news - Battery metals to boom despite widespread Covid-19 disruption. Electric car boom fuels global scramble for nickel and cobalt. Giga Metals says - "The...

Cobalt spot prices rose slightly for the month and LME cobalt inventory was lower. China’s SRB cobalt stockpiling could set metal price floor. Cobalt market news - EU sounds alarm on critical raw materials shortages - Needs 5x more cobalt by 2030 & 15x more cobalt by 2050. ...

The S&P/TSX Composite Index (INDEXTSI: OSPTX ) was trending upward on Friday (August 28), but ended the week down overall at 16,222.17. The index was up in early trading on the last day of the week, helped by positive data as domestic jobs rose for the fourth straight month in August a...