Sherritt on earnings growth path with narrowed loss a share for FY21
Nickel and cobalt miner Sherritt International Corporation says it met its 2021 production and unit cost targets at each of its business units, despite continued sanctions against Cuba, where it is a 50% partner in the Moa project; rising input costs; and persistent Covid-19 impacts.
This while market fundamentals remain robust for nickel and cobalt as many industries are adopting green initiatives and rolling out electric vehicles.
