Sherritt International (TSE:S) has released an update.
Sherritt International Corporation has reported a strong second quarter in 2024 with significant improvements in its Metals and Power sectors, notably achieving a lower net direct cash cost for nickel. The company has benefitted from operational enhancements and increased production, leading to a $5.1 million dividend received in Canada. Despite a net loss, Sherritt anticipates leveraging future market opportunities with responsibly sourced critical minerals.
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