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Guidance

2021 PRODUCTION

Production volumes 2021 Guidance
Moa Joint Venture (tonnes, 100% basis)  
Nickel, finished 31,000 - 32,000
Cobalt, finished 3,300 - 3,600
Electricity (GWh, 33⅓% basis) 450 - 500

2021 UNIT COST

Unit operating costs 2021 Guidance
Moa Joint Venture (NDCC, US$ per pound) $4.25 - $4.75
Electricity (unit operating cost, $ per MWh) $30.50 - $32.00

2021 Capital Spend

Spending on capital(US$ millions) 2021 Guidance
Moa Joint Venture (50% basis), Fort Site (100% basis)(1) US$35 (CDN$44)
Power (33⅓% basis) US$1 (CDN$1.3)
Spending on capital (excluding Corporate) US$36 (CDN$44)

(1) Spending is 50% of US$ expenditures for Moa JV and 100% expenditures for Fort Site fertilizer and utilities. 



Joe Racanelli,
Director,
Investor Relations.

Telephone: 1 416 935 2451
Email: investor@sherritt.com

TSX: S 0.39 -0.01 -1.28% Volume: 216,351 ~20 MIN. DELAY December 3, 2021