Why did Sherritt International halt its mining operations in Cuba?

Sherritt International halted its joint venture activities in Cuba due to the expansion of U.S. sanctions under President Donald Trump’s executive order, which targets nearly any non-U.S. citizen or entity conducting business in Cuba.

What is the immediate operational impact of Sherritt’s withdrawal on its Canadian refinery?

According to the company’s statement, there is no immediate impact on its Canadian refinery operations in Fort Saskatchewan, Alberta.

Sherritt International Halts Cuba Mining Operations Due to US Sanctions

May 7, 2026

Canadian miner Sherritt International suspended joint venture activities in Cuba following expanded US sanctions under President Trump. The company plans to repatriate employees while noting no immediate impact on its Alberta refinery operations processing cobalt and nickel.

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Sherritt International Halts Cuba Mining Operations Due to US Sanctions

Sherritt International Halts Cuba Mining Operations Due to US Sanctions

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