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Sherritt to recoup $260 million of outstanding debt from Cuban partners

Staff Writer | October 14, 2022 | 9:58 am Markets Canada Latin America Mexico and Central America Cobalt Nickel 

Sherritt International (TSX: S) has entered agreements with its Cuban partners to settle C$362 million ($260 million) of total outstanding receivables over five years, beginning January 1, 2023. The agreements, known as the "cobalt swap", would allow the Moa joint venture...

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