Business
Sherritt Reports First Quarter 2025 Results; Completed Strategic Transactions to Strengthen Capital Structure; Moa JV Expansion Phase Two Commissioning Underway
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES...
About this update from Sherritt International Corporation
[{"type":"text","content":"Sherritt Reports First Quarter 2025 Results; Completed Strategic Transactions to Strengthen Capital Structure; Moa JV Expansion Phase Two Commissioning Underway\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl2 { padding-left: 10px }\n.bwpadl3 { padding-left: 15px }\n.bwpadr0 { padding-right: 0px }\n.bwrowaltcolor1 { background-color: #d3d3d3 }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth10 { width: 10% }\n.bwwidth100 { width: 100% }\n.bwwidth11 { width: 11% }\n.bwwidth21 { width: 21% }\n.bwwidth22 { width: 22% }\n.bwwidth29 { width: 29% }\n.bwwidth35 { width: 35% }\n.bwwidth36 { width: 36% }\n.bwwidth38 { width: 38% }\n.bwwidth5 { width: 5% }\n.bwwidth52 { width: 52% }\n.bwwidth53 { width: 53% }\n.bwwidth60 { width: 60% }\n.bwwidth61 { width: 61% }\n.bwwidth64 { width: 64% }\n.bwwidth67 { width: 67% }\n.bwwidth69 { width: 69% }\n.bwwidth7 { width: 7% }\n.bwwidth8 { width: 8% }\n.bwwidth9 { width: 9% }\n \n\n\n\n NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES\n \n\n\n\n Sherritt International Corporation (“Sherritt”, the “Corporation”) (TSX: S), a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt – metals deemed critical for the energy transition – today reported its financial results for the three months ended March 31, 2025. All amounts are in Canadian dollars unless otherwise noted.\n \n\n Leon Binedell, President and CEO of Sherritt commented, “We kicked off this year delivering key strategic initiatives that will drive significant long-term value and strengthen Sherritt’s position as a leader in innovative processing solutions and critical minerals production. We successfully strengthened our balance sheet, reducing our outstanding debt obligation...