Sherritt to wind down its 30-year nickel joint venture in Cuba under weight of US sanctions
Canadian miner Sherritt International said it plans to wind down the Moa nickel-cobalt joint venture it has run for three decades with a Cuban state partner by the end of 2026. The company cited the cumulative weight of US sanctions and the difficulty of accessing the international banking system. The exit removes a steady hard-currency stream from a Cuban economy already gripped by acute fuel shortages.
Investing.com Americas2 h agoS