Sherritt International Corporation provided production guidance for the year 2024. For the year, the company expects finished nickel production of 30,000 tons to 32,000 tons (100% basis); finished cobalt production of 3,100 tons to 3,400 tons (100% basis); and electricity production of 775 to 825 GWh (33 1/3% basis). Nickel and cobalt production are both expected to increase in 2024 compared to 2023 due to increased feed of mixed sulphides from the Moa mine site to the refinery as a result of access to additional ore sources to improve the blend of feed as well as increased quality and feed rates following the ramp-up of the SPP, and reduced downtime from maintenance.

NDCC is expected to be lower in 2024 compared to 2023 due to lower expected maintenance activity, cost optimization, and higher expected production and sales, including increased fertilizer by-product sales. Electricity production is expected to be higher in 2024 compared to 2023 primarily due to the full year receipt of additional gas from the two wells that went into production in Second Quarter 2023.