192:
260:. The Joint Venture reached commercial production in 2014 and comprises (i) a mine and an ore preparation plant located in the immediate vicinity of the ore bodies near Moramanga in eastern central Madagascar, (ii) a pipeline, approximately 220 kilometres long, to transport the mined laterite ore in the form of prepared slurry from the ore preparation plant at the mine to the processing plant which is located just south of the port city of Toamasina, and (iii) a processing plant, including a refinery, that produces LME-grade finished nickel, as well as cobalt metal.
38:
1198:
1184:
323:. All of Energas' electrical generation is purchased by UNE under long‑term fixed‑price contracts while the by‑products are purchased by CUPET or a Cuban entity providing natural gas to the city of Havana at market based prices. Sherritt provided the financing for the construction of the Energas facilities and is being repaid from the cash flows generated by the facilities.
348:
development of technologies that provide strategic advantages to the
Corporation; evaluating, developing and commercializing process technologies for natural resource based industries, in particular for the hydrometallurgical recovery of non-ferrous metals; and providing technical support for Sherritt’s operations, marketing and business development arms.
347:
Sherritt's
Technologies group provides technical support, process optimization and technology development services to Sherritt's operating divisions, and identifies opportunities for the Corporation as a result of its research and development activities. Its activities include the internally focused
272:
Sherritt's Oil and Gas division explores for oil and gas primarily from reservoirs located offshore, but close to the coastline along the north coast of Cuba. Specialized long reach directional drilling methods are being used to economically exploit these reserves from land‑based drilling locations.
235:
into mixed sulphides containing nickel and cobalt. The mixed sulphides are transported to the refining facilities in Fort
Saskatchewan, Alberta. The resulting nickel and cobalt products are sold to various markets, primarily in Europe, Japan and China. At current depletion rates, the concessions of
465:
1998: Sherritt acquires 37.5 percent share of
Cubacel, the cellular telephone operator in Cuba for $ US38 million. Sherritt also created a company called "Sherritt Green", a small agricultural branch of the company, cultivating a variety of vegetables for the tourist market as well as a 25 percent
556:
2020: Sherritt completed a balance sheet initiative aimed at improving the
Corporation's liquidity which resulted in reducing debt levels by more than $ 300 million, annual cash interest payments by $ 16 million, extending our first material debt repayment to November 2026, and exchanging its 12%
243:
The Fort Site facilities provides inputs (ammonia, sulphuric acid and utilities) for the Moa Joint
Venture metals refinery, produces agriculture fertilizer for sale in Western Canada and provides additional fertilizer storage and administrative facilities. The metals refinery facilities in Fort
326:
The
Energas facilities, which consist of the two combined cycle plants at Varadero and Boca de Jaruco, produce electricity using natural gas and steam generated from the waste heat captured from the gas turbines. Energas' electrical generating capacity is 506 MW.
674:
263:
In 2017, Sherritt exchanged CAD1.4 billion in debt to its joint venture partners for 28% of its interest in the joint venture. In 2020, Sherritt exchanged its 12% interest in the joint venture for the remaining partner loans.
1153:
178:. Sherritt is a miner and refiner of nickel and cobalt. Sherritt is also the largest independent energy producer in Cuba. Sherritt’s common shares are listed on the Toronto Stock Exchange under the symbol "S".
1049:
1074:
965:
318:
Raw natural gas is supplied to
Energas by CUPET free of charge. The processing of raw natural gas produces clean natural gas, used to generate electricity, as well as by‑products such as condensate and
339:
metals refinery. Revenue is derived primarily from the sale of nitrogen fertilizers, and of sulphate fertilizers produced directly or indirectly as a by-product of the metals refining process.
655:
459:
1995: Incorporation of
Sherritt International Corporation, with interest in mining, oil and gas and technology business in Cuba. Nickel, cobalt, oil and gas production begins in Cuba.
1024:
304:
1157:
499:
335:
Sherritt owns assets, which produce fertilizer products, primarily for sale in the
Western Canadian market, and which provide some of the critical input requirements for the
1256:
476:
2005: Two Canadian energy conglomerates, Sherritt International and Pebercan Inc, discovered a new oil field off Cuba's northern coast containing 100 million barrels of oil.
205:
503:
538:
1053:
517:
312:
240:
43-101 technical report on SEDAR that confirmed the current mineral reserves and outlined increased mineral resources with the potential to extend Moa's mine life.
296:
1276:
1078:
969:
308:
244:
Saskatchewan have an annual production capacity of approximately 35,000 (100% basis) tonnes of nickel and approximately 3,800 (100% basis) tonnes of cobalt.
991:
209:
279:
In addition, Sherritt holds working‑interests in several oil fields and the related production platform located in the Gulf of Valencia in Spain.
1128:
640:
604:
466:
share of the Las Americas Hotel and golf course in Varadero and a 12.5 percent share of the Melia Habana Hotel. These investments have been sold.
357:
228:
619:
547:
2018: Sherritt further strengthens its balance sheet by repurchasing $ 130 million of debentures following a successful equity unit offering.
867:
462:
1998: Creation of Sherritt Power Corporation, building gas-fired electricity generation plants in Cuba, with a 30% interest in Energas SA.
1246:
1028:
439:
1957: Sherritt purchased the interests of Chemico in all patents in the chemical metallurgical field in which Sherritt was involved.
1261:
1236:
452:
1994: Sherritt becomes the largest producer of nitrogen and phosphate fertilizers in Canada after acquiring fertilizer assets from
1291:
893:
1266:
787:"Seasonal cycling and mass-loading of dissolved metals and sulfate discharging from an abandoned mine site in northern Canada"
748:"Seasonal cycling and mass-loading of dissolved metals and sulfate discharging from an abandoned mine site in northern Canada"
303:(Energas), which is a Cuban joint arrangement established to process raw natural gas and generate electricity for sale to the
1226:
943:
509:
2008: Sherritt Technologies, a Division of Sherritt International Corporation, Licenses Technology to Chinese Zinc Producer.
227:
for sale worldwide (except in the United States). The Moa Joint Venture is a vertically‑integrated joint venture that mines
1271:
383:
who had also worked on the railroad construction. Eldon Brown was the company's first employee and general superintendent.
1231:
1281:
1050:"Sherritt Technologies, a Division of Sherritt International Corporation, Licenses Technology to Chinese Zinc Producer"
583:
256:
to develop and build a vertically-integrated nickel and cobalt mining, processing, refining and marketing operation in
236:
the Moa Joint Venture are planned to be mined until at least 2034. In Q2 2019, the Moa Joint Venture filed an updated
824:
1251:
1241:
1003:
1286:
553:
2019: Sherritt reaches 3 billion pounds of cumulative nickel production at its refinery in Fort Saskatchewan
700:
407:
550:
2019: Sherritt's Cuban partners ratify overdue receivables agreement for the repayment of US$ 150 million.
400:
described the pollution around the mine as "one of the worst cases of acidic mine drainage in the world".
1109:
480:
237:
786:
785:
Moncur, Michael C.; Ptacek, Carol J.; Hayashi, Masaki; Blowes, David W.; Birks, S. Jean (2014-02-01).
747:
746:
Moncur, Michael C.; Ptacek, Carol J.; Hayashi, Masaki; Blowes, David W.; Birks, S. Jean (2014-02-01).
191:
673:
Chalkley, M. E.; Cordingley, P.; Freeman, G.; Budac, J.; Krentz, R.; Scheie, H. (January 14, 2009).
829:
17:
1156:(Press release). Toronto, Ontario: Sherritt International Corporation. 2013-12-24. Archived from
1077:(Press release). Toronto, Ontario: Sherritt International Corporation. 2010-12-01. Archived from
1052:(Press release). Toronto, Ontario: Sherritt International Corporation. 2008-07-23. Archived from
1027:(Press release). Toronto, Ontario: Sherritt International Corporation. 2008-04-29. Archived from
968:(Press release). Toronto, Ontario: Sherritt International Corporation. 2007-06-14. Archived from
320:
62:
696:
966:"Sherritt International Corporation and Dynatec Corporation Announce Closing of Arrangement"
722:
534:
2012: The Ambatovy Joint Venture begins production — reaches commercial production in 2014.
387:
473:
by acquiring Luscar Ltd., Canada's largest coal producer for a deal worth $ CDN 1 billion.
8:
396:
368:
on local rail construction projects who, after becoming a trapper and prospector, staked
443:
675:"A History of Sherritt – Fifty Years of Pressure Hydrometallurgy at Fort Saskatchewan"
806:
767:
634:
598:
429:
336:
217:
802:
763:
798:
759:
195:
Structures on the grounds of the Sherritt plant, Fort Saskatchewan, Alberta, Canada
175:
1154:"Sherritt to Divest of Coal Assets for $ 946 Million and Focus on Core Businesses"
951:
525:
513:
404:
391:
134:
524:. The Sulawesi Project currently ranks as one of the largest known undeveloped,
380:
292:
213:
48:
557:
interest the Ambatovy Joint Venture for amounts owed to the Ambatovy Partners.
37:
1220:
1203:
810:
771:
581:
488:
361:
253:
56:
1211:
1075:"Sherritt to Acquire a Controlling Interest in the Sulawesi Nickel Project"
453:
276:
Sherritt currently has an interest in three PSCs in the exploration phase.
1129:"Sherritt selling coal business for $ 946M; Westmoreland gets seven mines"
390:
from 1931 until 1951, leaving behind 7.7 mega tons of tailings, polluting
220:, Alberta, Canada (Fort Site) that provides additional sources of income.
1189:
372:
84:
492:
442:
1991: Sherritt acquires Canada Northwest Energy Limited, a producer of
257:
299:. These assets are held by Sherritt through its one‑third interest in
521:
232:
80:
544:
2016: Sherritt bondholders support a 3-year extension of maturities.
531:
nickel deposits in the world. This project has since been abandoned.
582:
Sherritt International 2020 Financial Results (February 23, 2021).
528:
484:
376:
365:
288:
66:
944:"Cuba News / Yahoo! - CubaNet News - Noticias de Cuba / Cuba News"
917:
287:
Sherritt's primary power generating assets are located in Cuba at
1197:
999:
537:
2014: Sherritt sells coal investments for $ 946 million (CDN) to
433:
418:
300:
102:
868:"Marching to a different drum: Sherritt International at eighty"
469:
2001: Creation of Luscar Energy Partnership in cooperation with
506:, that operates thermal coal mines in Saskatchewan and Alberta.
415:
411:
369:
224:
105:
76:
672:
223:
The Moa Joint Venture mines, processes and refines nickel and
231:
by open pit methods and processes them at its facilities at
315:(CUPET) hold the remaining two‑thirds interest in Energas.
1107:
1025:"Sherritt Succeeds in Bid for Royal Utilities Income Fund"
723:"Manitoba History: The Sheritt-Gordon Mine Strike of 1947"
158:
784:
745:
512:
2010: Sherritt to acquire a controlling interest from
421:
concentrates, is named for Sherritt Gordon Mines Ltd.
425:
1927: Incorporation of Sherritt Gordon Mines Limited.
1257:
Non-renewable resource companies established in 1927
1179:
894:"Does Sherritt International Have a Future in Cuba?"
498:
2008: Sherritt acquires all outstanding shares from
617:
584:"Sherritt International - 2020 Financial Results"
252:In 2007, Sherritt acquired a 40% interest in the
216:, utilities and fertilizer storage facilities in
1218:
1108:Sherritt Website - History (November 23, 2020).
992:"Sherritt to buy Royal Utilities for C$ 700 mln"
656:"Sherritt Reports Financial Results for Q3 2020"
924:. Canadian Broadcasting Corporation. 2001-04-24
1277:Companies listed on the Toronto Stock Exchange
918:"Sherritt wins Luscar Coal with improved bid"
861:
859:
857:
855:
853:
851:
849:
847:
720:
653:
212:) and a wholly‑owned fertilizer business and
117:Leon Binedell, Chairman, President & CEO
1135:. Bell Media Television. The Canadian Press
639:: CS1 maint: numeric names: authors list (
603:: CS1 maint: numeric names: authors list (
125:nickel, cobalt, oil, gas, power, fertilizer
844:
247:
174:is a Canadian resource company, based in
941:
825:"$ 34.5M to clean up Sherridon tailings"
618:2014 Annual Report (November 23, 2020).
190:
1212:Sherritt International at Yahoo Finance
989:
865:
14:
1219:
1126:
898:The Cuban Economy – La EconomĂa Cubana
891:
449:1993: Company renamed to Sherritt Inc.
428:1954: Construction of the refinery at
204:Sherritt has a 50/50 partnership with
1103:
1101:
1099:
1097:
1095:
689:
502:. Royal Utilities Income Trust owned
666:
577:
575:
573:
571:
471:Ontario Teachers' Pension Plan Board
199:
24:
1247:Electric power companies of Canada
1092:
778:
739:
714:
697:"Eldon Leslie Brown (1900 - 1998)"
654:Press Release (November 4, 2020).
31:Sherritt International Corporation
25:
1303:
1175:
817:
721:Sokalski, Alexander (2003–2004).
568:
1196:
1182:
36:
1262:1927 establishments in Manitoba
1237:Natural gas companies of Canada
1146:
1120:
1067:
1042:
1017:
983:
958:
935:
910:
885:
866:Werniuk, Jane (February 2008).
803:10.1016/j.apgeochem.2013.12.007
764:10.1016/j.apgeochem.2013.12.007
504:Prairie Mines & Royalty Ltd
342:
1292:Mining companies of Madagascar
874:. The Northern Miner Group: 13
647:
611:
305:Cuban national electrical grid
282:
267:
13:
1:
1267:Oil and gas companies of Cuba
942:By Yahoo (23 December 2008).
561:
330:
181:
1227:Chemical companies of Canada
1127:Paddon, David (2013-12-24).
1110:"Sherritt Website - History"
990:Schnurr, Leah (2008-03-18).
701:Canadian Mining Hall of Fame
500:Royal Utilities Income Trust
408:cobalt extraction techniques
356:The company was named after
307:. Cuban government agencies
7:
1272:Energy companies of Ontario
892:Ritter, Arch (2010-10-20).
727:Manitoba Historical Society
487:. Among the assets was the
410:that enhance recovery from
206:General Nickel Company S.A.
10:
1308:
1232:Mining companies of Canada
481:Dynatec mining corporation
351:
1282:Metal companies of Canada
1002:. Reuters. Archived from
539:Westmoreland Coal Company
386:The company operated the
379:; and J. Peter Gordon, a
375:in the Cold Lake area of
186:
153:
143:
129:
121:
111:
98:
90:
72:
54:
44:
35:
27:Canadian resource company
830:The Reminder (Flin Flon)
479:2007: Sherritt acquires
1252:Cobalt mining companies
1242:Oil companies of Canada
872:Canadian Mining Journal
518:Sulawesi Nickel Project
321:liquefied petroleum gas
1114:Sherritt International
660:Sherritt International
627:Sherritt International
591:Sherritt International
403:The Sherritt process,
254:Ambatovy Joint Venture
248:Ambatovy Joint Venture
196:
172:Sherritt International
137:497 million (combined)
194:
1287:Nickel mines in Cuba
954:on 23 December 2008.
791:Applied Geochemistry
752:Applied Geochemistry
677:. Republic of Mining
620:"2014 Annual Report"
454:Imperial Oil Limited
388:Sherritt-Gordon Mine
397:Winnipeg Free Press
238:National Instrument
208:(GNC) of Cuba (the
145:Number of employees
32:
491:nickel project in
405:hydrometallurgical
313:UniĂłn CubapetrĂłleo
197:
30:
430:Fort Saskatchewan
337:Fort Saskatchewan
218:Fort Saskatchewan
210:Moa Joint Venture
200:Moa Joint Venture
169:
168:
16:(Redirected from
1299:
1206:
1201:
1200:
1192:
1187:
1186:
1185:
1169:
1168:
1166:
1165:
1150:
1144:
1143:
1141:
1140:
1124:
1118:
1117:
1105:
1090:
1089:
1087:
1086:
1071:
1065:
1064:
1062:
1061:
1046:
1040:
1039:
1037:
1036:
1021:
1015:
1014:
1012:
1011:
987:
981:
980:
978:
977:
962:
956:
955:
950:. Archived from
939:
933:
932:
930:
929:
914:
908:
907:
905:
904:
889:
883:
882:
880:
879:
863:
842:
841:
839:
838:
821:
815:
814:
782:
776:
775:
743:
737:
736:
734:
733:
718:
712:
711:
709:
707:
693:
687:
686:
684:
682:
670:
664:
663:
651:
645:
644:
638:
630:
624:
615:
609:
608:
602:
594:
588:
579:
297:Puerto Escondido
176:Toronto, Ontario
165:
162:
160:
138:
103:Toronto, Ontario
40:
33:
29:
21:
1307:
1306:
1302:
1301:
1300:
1298:
1297:
1296:
1217:
1216:
1202:
1195:
1188:
1183:
1181:
1178:
1173:
1172:
1163:
1161:
1152:
1151:
1147:
1138:
1136:
1125:
1121:
1106:
1093:
1084:
1082:
1073:
1072:
1068:
1059:
1057:
1048:
1047:
1043:
1034:
1032:
1023:
1022:
1018:
1009:
1007:
988:
984:
975:
973:
964:
963:
959:
948:www.cubanet.org
940:
936:
927:
925:
916:
915:
911:
902:
900:
890:
886:
877:
875:
864:
845:
836:
834:
823:
822:
818:
783:
779:
744:
740:
731:
729:
719:
715:
705:
703:
695:
694:
690:
680:
678:
671:
667:
652:
648:
632:
631:
622:
616:
612:
596:
595:
586:
580:
569:
564:
392:Kississing Lake
354:
345:
333:
309:Unión Eléctrica
285:
270:
250:
202:
189:
184:
157:
146:
133:
114:
59:
28:
23:
22:
15:
12:
11:
5:
1305:
1295:
1294:
1289:
1284:
1279:
1274:
1269:
1264:
1259:
1254:
1249:
1244:
1239:
1234:
1229:
1215:
1214:
1208:
1207:
1193:
1177:
1176:External links
1174:
1171:
1170:
1145:
1119:
1091:
1066:
1041:
1016:
982:
957:
934:
909:
884:
843:
816:
777:
738:
713:
688:
665:
646:
610:
566:
565:
563:
560:
559:
558:
554:
551:
548:
545:
542:
535:
532:
510:
507:
496:
483:in a friendly
477:
474:
467:
463:
460:
457:
450:
447:
440:
437:
426:
381:civil engineer
353:
350:
344:
341:
332:
329:
293:Boca de Jaruco
284:
281:
269:
266:
249:
246:
214:sulphuric acid
201:
198:
188:
185:
183:
180:
167:
166:
155:
151:
150:
147:
144:
141:
140:
131:
127:
126:
123:
119:
118:
115:
112:
109:
108:
100:
96:
95:
92:
88:
87:
74:
70:
69:
60:
55:
52:
51:
46:
42:
41:
26:
9:
6:
4:
3:
2:
1304:
1293:
1290:
1288:
1285:
1283:
1280:
1278:
1275:
1273:
1270:
1268:
1265:
1263:
1260:
1258:
1255:
1253:
1250:
1248:
1245:
1243:
1240:
1238:
1235:
1233:
1230:
1228:
1225:
1224:
1222:
1213:
1210:
1209:
1205:
1204:Energy portal
1199:
1194:
1191:
1180:
1160:on 2015-10-04
1159:
1155:
1149:
1134:
1130:
1123:
1115:
1111:
1104:
1102:
1100:
1098:
1096:
1081:on 2015-10-04
1080:
1076:
1070:
1056:on 2015-10-04
1055:
1051:
1045:
1031:on 2015-10-04
1030:
1026:
1020:
1006:on 2015-11-09
1005:
1001:
997:
993:
986:
972:on 2015-10-04
971:
967:
961:
953:
949:
945:
938:
923:
919:
913:
899:
895:
888:
873:
869:
862:
860:
858:
856:
854:
852:
850:
848:
832:
831:
826:
820:
812:
808:
804:
800:
796:
792:
788:
781:
773:
769:
765:
761:
757:
753:
749:
742:
728:
724:
717:
702:
698:
692:
676:
669:
661:
657:
650:
642:
636:
628:
621:
614:
606:
600:
592:
585:
578:
576:
574:
572:
567:
555:
552:
549:
546:
543:
540:
536:
533:
530:
527:
523:
519:
515:
511:
508:
505:
501:
497:
494:
490:
489:Ambatovy mine
486:
482:
478:
475:
472:
468:
464:
461:
458:
455:
451:
448:
445:
441:
438:
435:
431:
427:
424:
423:
422:
420:
417:
413:
409:
406:
401:
399:
398:
393:
389:
384:
382:
378:
374:
371:
367:
363:
359:
358:Carl Sherritt
349:
340:
338:
328:
324:
322:
316:
314:
310:
306:
302:
298:
294:
290:
280:
277:
274:
265:
261:
259:
255:
245:
241:
239:
234:
230:
229:lateritic ore
226:
221:
219:
215:
211:
207:
193:
179:
177:
173:
164:
156:
152:
148:
142:
136:
132:
128:
124:
120:
116:
110:
107:
104:
101:
97:
93:
89:
86:
82:
78:
75:
71:
68:
64:
61:
58:
53:
50:
47:
43:
39:
34:
19:
1162:. Retrieved
1158:the original
1148:
1137:. Retrieved
1132:
1122:
1113:
1083:. Retrieved
1079:the original
1069:
1058:. Retrieved
1054:the original
1044:
1033:. Retrieved
1029:the original
1019:
1008:. Retrieved
1004:the original
995:
985:
974:. Retrieved
970:the original
960:
952:the original
947:
937:
926:. Retrieved
921:
912:
901:. Retrieved
897:
887:
876:. Retrieved
871:
835:. Retrieved
833:. 2009-02-11
828:
819:
794:
790:
780:
755:
751:
741:
730:. Retrieved
726:
716:
704:. Retrieved
691:
679:. Retrieved
668:
659:
649:
626:
613:
590:
470:
402:
395:
394:in what the
385:
364:citizen and
355:
346:
343:Technologies
334:
325:
317:
301:Energas S.A.
286:
278:
275:
271:
262:
251:
242:
222:
203:
171:
170:
149:3,255 (2020)
99:Headquarters
45:Company type
1190:Cuba portal
998:. Toronto:
797:: 176–188.
758:: 176–188.
444:oil and gas
283:Electricity
268:Oil and gas
1221:Categories
1164:2015-10-02
1139:2015-10-02
1085:2015-10-02
1060:2015-10-02
1035:2015-10-02
1010:2011-06-09
996:Canada.com
976:2015-10-02
928:2015-10-02
903:2015-10-02
878:2015-10-02
837:2023-08-20
732:2023-08-20
562:References
526:greenfield
493:Madagascar
331:Fertilizer
311:(UNE) and
258:Madagascar
182:Operations
113:Key people
811:0883-2927
772:0883-2927
522:Indonesia
514:Rio Tinto
373:prospects
233:Moa, Cuba
161:.sherritt
57:Traded as
1133:CTV News
922:CBC News
635:cite web
599:cite web
529:laterite
485:takeover
377:Manitoba
366:teamster
362:American
289:Varadero
122:Products
73:Industry
18:Sherritt
1000:CanWest
706:May 23,
681:May 23,
516:in the
434:Alberta
419:sulfide
352:History
154:Website
130:Revenue
91:Founded
65::
809:
770:
416:cobalt
412:nickel
370:copper
295:, and
225:cobalt
187:Mining
139:(2020)
106:Canada
77:Mining
49:Public
623:(PDF)
587:(PDF)
360:, an
807:ISSN
768:ISSN
708:2016
683:2016
641:link
605:link
163:.com
135:CA$
94:1927
83:and
799:doi
760:doi
520:in
159:www
85:Gas
81:Oil
63:TSX
1223::
1131:.
1112:.
1094:^
994:.
946:.
920:.
896:.
870:.
846:^
827:.
805:.
795:41
793:.
789:.
766:.
756:41
754:.
750:.
725:.
699:.
658:.
637:}}
633:{{
625:.
601:}}
597:{{
589:.
570:^
432:,
291:,
79:,
1167:.
1142:.
1116:.
1088:.
1063:.
1038:.
1013:.
979:.
931:.
906:.
881:.
840:.
813:.
801::
774:.
762::
735:.
710:.
685:.
662:.
643:)
629:.
607:)
593:.
541:.
495:.
456:.
446:.
436:.
414:-
67:S
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
