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Home Sherritt Ends 2024 with Robust Operating Results in Line with Guidance; Received $30 Million from the Cobalt Swap and $13 Million of Dividends from Power

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Sherritt Ends 2024 with Robust Operating Results in Line with Guidance; Received $30 Million from the Cobalt Swap and $13 Million of Dividends from Power

TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) today announced its fourth quarter and full year 2024 production results. Sherritt also announced it received total distributions of $29.8 million from the Cobalt Swap agreement (including both Sherritt’s and GNC’s redirected share), composed of $23.7 million in cash and 223 tonnes of finished cobalt with an in-kind value of $6.1 million, and in its Power division, Sherritt received dividends...

Read the full news release here

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