Sherritt shutting down Fort Saskatchewan, Alta., refinery as feed from Moa mine in Cuba runs out
Sherritt International is shutting down its refinery in Fort Saskatchewan, Alberta, due to a lack of feed from its Moa mine in Cuba caused by fuel shortages. The company is currently working to rebuild its supply chain while maintaining maintenance operations for its workforce.
Why it matters
The shutdown impacts the North American supply of battery-grade cobalt, highlighting the vulnerability of critical mineral supply chains to geopolitical and economic instability.
The company says the shutdown will continue until mining and processing activities at Moa resume and the refinery feed pipeline is rebuilt. It also says no jobs were lost due to the operational challenges.
The article provides a straightforward business report on operational challenges and supply chain issues.
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