1lb of cobalt for every 9-9.5 lbs of nickel at Sherritt's Madasgascar mines. This is supposed to be one of the highest in the world (about 5 min into video). About 30% of their revenues. Wonder how Noront will compare? About at 6min he gets into demand for nickel and the battery industry driver of demand. Worth a full view IMHO.
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http://www.bnn.ca/video/~1242740?hootPostID=9a86b00fbfdce2c29b41035a24a69540
Sherritt CEO on how cobalt is generating more of his cash
More unplanned maintenance at Sherritt's nickel operation in Madagascar drags down the company's production results and latest quarterly earnings. But cobalt prices are lifting the company's revenues. BNN talks to CEO David Pathe.