Latest Sherritt International Corporation (SHERF)
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Global Cobalt Market 2014-2018: Global Cobalt Market Facing Supply Pressures to Drive Cobalt Prices Higher in Coming Years
M2 - Mon Feb 24, 10:21AM CST
Research and Markets (http://www.researchandmarkets.com/research/rk9vgq/global_cobalt) has announced the addition of the "Global Cobalt Market 2014-2018" report to their offering. The analysts forecast the Global Cobalt market to grow at a CAGR of 6.05 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increased demand for cobalt from the Battery Chemicals industry. The Global Cobalt market has also been witnessing the supply constraints of cobalt leading to high prices. However, the cobalt supply challenges could pose a challenge to the growth of this market. Key vendors dominating this space are Glencore Xstrata plc, Freeport-McMoRan Copper & Gold Inc., Open Joint Stock Company Mining and Metallurgical Company Norilsk Nickel, Sherritt International Corp., and Umicore S.A. Other vendors mentioned in the report are BHP Billiton plc, Chambishi Metals plc, Formation Metals Inc., and Vale S.A. Commenting on the report, an analyst from the team said: The Global Cobalt market is experiencing supply challenges as a result of issues principally in the DRC, such as the government's ban on the export of raw minerals, project ownership grabs, power and water shortages, armed conflicts, and general political and socio-economic instability in the West African region. The supply side of cobalt is shrinking while the demand for the metal is increasing, which is leading to higher prices for cobalt in the market. Due to the lack of reliability of the supply from the DRC and limited inventories, the Global Cobalt market is facing supply pressures which will drive cobalt prices higher in the coming years. According to the report, one of the key drivers in this market is the increased demand for cobalt from the Battery Chemicals industry for the production of rechargeable and recyclable batteries. Since cobalt is a strategic metal, another key driver is the increased use of cobalt in various industries and sectors such as Battery Chemicals, Superalloys, Renewable Energy, Healthcare, Defense, and Catalysts. For more information visit http://www.researchandmarkets.com/research/rk...bal_cobalt About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Westmoreland closes private offering of USD425m senior notes and consent solicitation
M2 - Mon Feb 10, 10:30AM CST
Westmoreland Coal Company (NasdaqGM:WLB) closed its private offering of USD425m total amount of 10.75% senior secured notes, it stated on Friday.
Westmoreland Announces Closing of Senior Notes Offering; Successfully Completes Consent Solicitation
Business Wire - Fri Feb 07, 4:06PM CST
Westmoreland Coal Company (NasdaqGM: WLB) announced today the closing of the previously announced private offering of $425 million in aggregate principal amount of 10.75% Senior Secured Notes.
Westmoreland Announces Pricing of $425 Million Offering of Add-On 10.75% Senior Secured Notes due 2018
Business Wire - Wed Jan 29, 10:21AM CST
Westmoreland Coal Company (NasdaqGM:WLB) announced today that it has priced a private offering of $425 million principal amount of Add-On 10.75% Senior Secured Notes due 2018 at a price of 106.875% plus accrued interest from February 1, 2014. The company increased the size of the offering from the previously announced $400 million. The proceeds from the notes offering will be used primarily to pay the purchase price and related expenses for Westmoreland's previously announced acquisition of the coal mining operations of Sherritt International Corporation, to prepay the outstanding senior secured notes issued by its subsidiary, Westmoreland Mining, LLC and for working capital. The offering is expected to close on February 7, 2014, subject to customary closing conditions.
Global and Chinese Cobalt Powder Industry Report 2014
M2 - Fri Jan 24, 3:07AM CST
Research and Markets (http://www.researchandmarkets.com/research/7gnbjf/global_and) has announced the addition of the "Global and Chinese Cobalt Powder Industry Report 2014" report to their offering. The Global and Chinese Cobalt Powder Industry Report 2014 is a professional and in-depth study on the current state of the global cobalt industry with a focus on the Chinese situation. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. Cobalt industry market analysis is provided for both the international and Chinese domestic situations including development trends, competitive landscape analysis, key regions development status and a comparison analysis between the international and Chinese markets. Development policies and plans are also discussed and manufacturing processes and cost structures analyzed. Cobalt industry import/export consumption, supply and demand figures and cost price and production value gross margins are also provided. A key feature of the report is its focus on 12 industry players providing information such as company profiles. product specification, capacity, production, price,cost, production value and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. Cobalt industry development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered. With 173 tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. Key Topics Covered: Cobalt Powder Industry Overview Cobalt Powder International and China Market Analysis Cobalt Powder Development Environmental Analysis Cobalt Powder Development Policy and Plan Cobalt Powder Manufacturing Process and Cost Structure 2009-2014 Cobalt Powder Production Supply Sale Demand Market Status and Forecast Cobalt Powder Key Manufacturers Analysis Up and Down Stream Industry Analysis Cobalt Powder Marketing Channels Analysis Cobalt Powder Industry Development Trend Cobalt Powder Industry Development Proposals Cobalt Powder New Project Investment Feasibility Analysis Global and China Cobalt Powder Industry Research Conclusions List of Tables and Figures Companies Mentioned - Eurotungstene Metal Powers - Freeport Cobalt - Green Eco-Manufacturer - Hanrui Cobalt - Jinchang Changqing - Jinchuan Group - NIKKOSHI - Nikkoshi - Sherritt International - Umicore - Zhuhai Huaxin - Zhuzhou Cemented Carbide For more information visit http://www.researchandmarkets.com/research/7gnbjf/global_and About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Westmoreland Announces $400 Million Offering of Add-On 10.75% Senior Secured Notes Due 2018
Business Wire - Wed Jan 22, 4:09PM CST
Westmoreland Coal Company (NasdaqGM:WLB) announced today that it proposes to offer approximately $400 million principal amount of Add-On 10.75% Senior Secured Notes due 2018. The proceeds from the notes offering would be used primarily to pay the purchase price and related expenses for Westmoreland's previously announced acquisition of coal mining operations of Sherritt International Corporation and to prepay the outstanding senior notes issued by its subsidiary, Westmoreland Mining, LLC. The consummation of the notes offering is subject to market and other conditions.
Westmoreland Announces Transformational Acquisition of Sherritt's Coal Operations
Business Wire - Tue Dec 24, 6:06AM CST
Westmoreland Coal Company (NasdaqGM:WLB) announced today that it has entered into an agreement to acquire the Prairie and Mountain coal mining operations of Sherritt International Corporation ("Sherritt") for approximately $435 million. These operations include seven producing thermal coal mines in the Canadian provinces of Alberta and Saskatchewan, a 50% interest in an activated carbon plant and a Char production facility.
Altius to Acquire Sherritt's Canadian Coal and Potash Royalty Portfolio
Marketwire - Tue Dec 24, 5:31AM CST
Altius Minerals Corporation (TSX: ALS) ("Altius") is pleased to announce that it has entered into a definitive agreement (the "Arrangement Agreement") with Sherritt International Corporation ("Sherritt"), Prairie Mines & Royalty Ltd. ("PMRL"), a wholly-owned subsidiary of Sherritt, and certain other parties pursuant to which Altius will acquire a 51% interest in a portfolio of 11 producing coal and potash royalties located in the provinces of Alberta and Saskatchewan (the "PMRL Royalties"). Altius will fund $233 million of the $460 million aggregate purchase price to acquire a 51% interest in the PMRL Royalties, alongside Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of Boston-based Liberty Mutual Insurance, and other private parties. The transaction will be effected by way of a court-approved plan of arrangement under the Business Corporations Act (Alberta).
Sherritt International Corporation Analysis Across the Oil and Gas Value Chain Report
M2 - Wed Nov 20, 7:13AM CST
Summary
Cuba Gas Markets, 2013
M2 - Thu Jun 13, 3:01AM CDT
Research and Markets (http://www.researchandmarkets.com/research/xkthcm/cuba_gas_markets) has announced the addition of the "Cuba Gas Markets, 2013" report to their offering. This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the key sub-segments of the energy industry in Cuba. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for each of the key sub-segments. It also provides information relating to the natural gas assets (gas fields and pipelines) in Cuba. The report compares the investment environment in Cuba with other countries in the region. The profiles of the major companies operating in the natural gas sector in Cuba together with the latest news and deals are also included in the report. Scope - Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for
Cuba Oil Markets, 2013
M2 - Wed Jun 12, 2:57AM CDT
Research and Markets (http://www.researchandmarkets.com/research/8dcflt/cuba_oil_markets) has announced the addition of the "Cuba Oil Markets, 2013" report to their offering. This profile is the essential source for top-level energy industry data and information Scope - Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for each industry sub-segment for the period 2000-2020. - Historical and forecast data and information for all the major oil fields, refineries and pipelines in Cuba for the period 2005-2017. - Operator and equity details for major crude oil assets in Cuba. - Key information relating to market regulations, key energy assets and the key companies operating in the Cuba's energy industry. - Information on the top companies in the Cuba including business description, strategic analysis, and financial information. - Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes. - K
Takota Asset Management today issues open Letter to Board of Directors of Sherritt International
CNW Group - Tue May 07, 10:11AM CDT
Scott Leckie, Principal of Takota Asset Management, issued the following open letter today to the Board of Directors of Sherritt International. The letter is as follows: