5 Best Cobalt Stocks to Buy in 2022

2. Sherritt International Corp. (SG:HRT.SG) is one of the pioneers in the cobalt mining industry as the Canadian company employs advanced hydrometallurgical techniques to refine cobalt and nickel. Furthermore, Sherritt International Corp. (SG:HRT.SG) is not only restricted to the refining of cobalt and nickel, but it is also the top energy producer in Cuba. The company is an ideal investment for those who care about the environmental, social, and governance aspects of corporations, as the firm publishes ESG reports at regular intervals.

In Q1 2022, Sherritt International Corp. (SG:HRT.SG) reported that the company grew its Adjusted EBIDTA to $58.5 million, an increase of 94% YoY. The company also received $4.2 million in energy payments from Cuba. Sherritt International Corp. (SG:HRT.SG) expects its production levels to remain stable in the near future.