Brief: Sherritt Says Workforce Across Corporation's Canadian Operations Is Being Reduced By About 10%

Sherritt International

15/01/2024 23:09

Jan 15 (Reuters) - Sherritt International Corp:
    * SHERRITT ANNOUNCES COST-CUTTING INITIATIVES AND CHANGES TO
EXECUTIVE MANAGEMENT, REPORTS 2023 PRODUCTION RESULTS
    * SHERRITT INTERNATIONAL CORP - WORKFORCE ACROSS
CORPORATION'S
CANADIAN OPERATIONS IS BEING REDUCED BY APPROXIMATELY 10%
    * SHERRITT INTERNATIONAL CORP - ANNUAL EMPLOYEE COST SAVINGS
OF
$13 MILLION EXPECTED TO BE REALIZED
    * SHERRITT INTERNATIONAL CORP - CHANGES TO EXECUTIVE
MANAGEMENT
TEAM TO CONSOLIDATE OPERATIONAL LEADERSHIP WITH APPOINTMENT OF
ELVIN SARUK AS COO
    * SHERRITT INTERNATIONAL CORP - 2023 FINISHED NICKEL AND
FINISHED
COBALT PRODUCTION WERE SLIGHTLY BELOW THEIR RESPECTIVE REVISED
ANNUAL GUIDANCE RANGES

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