by Christopher Donville Oct 17, 2014 11:01 AM ET
Created with Highcharts 3.0.2Nov 1Dec 1Jan 1Feb 1Mar 1Apr 1May 1Jun 1Jul 1Aug 1Sep 1Oct 13.003.504.004.505.00* Price chart for SHERRITT INTERNATIONAL CORP. Click flags for important stories. S:CN2.770.06 2.21%
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Sherritt International Corp. (S), a Canadian nickel miner with operations in Madagascar and Cuba, said it expects the price of the metal to rally as the market swings to deficit as soon as next year.
“On longer-term supply and demand fundamentals, which ultimately have to govern here, we think we’re going to move from several years of surpluses to a period of a few years of probably supply deficits,” Sherritt Chief Executive Officer David Pathe said today in a phone interview. “And that will be positive for the nickel price.”
To contact the reporter on this story: Christopher Donville in Vancouver at [email protected]
To contact the editors responsible for this story: Simon Casey at [email protected]
