Sherritt is one of the world’s largest producers of nickel from lateritic sources with mining operations in Moa, Cuba and refining operations in Fort Saskatchewan, Canada.
Nickel is a heavy silver-coloured metal whose principal economic value lies in its resistance to corrosion and oxidation, with excellent strength and toughness at high temperatures. The properties of nickel also facilitate the deployment of the entire spectrum of clean energy technologies primarily as stainless steel or alloys, catalysts in fuel cells, alloys in geothermal and batteries for electric vehicles and energy storage, hydrogen, hydro, wind and concentrating solar power, making nickel one of the elements that plays a critical enabling role in the energy transition required to reduce carbon emissions. Most significantly, nickel has emerged as a key metal in the cathode active material for lithium-ion batteries, since nickel ensures higher cell voltage and a continuous voltage profile, contributing to higher energy density and good storage capability.
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