Cuba faces 'devastating' ripple effects from US hit to mining

Company News · Mining.com ·

Cuba faces 'devastating' ripple effects from US hit to mining

Canadian miner Sherritt International's decision to shut down its nickel operations in Cuba under US duress will weigh heavily on an economy already starved for hard currency and fuel. Cuba loses revenue from refining operations in Alberta and a metals-commercialization joint venture, while suffering days-long blackouts after Washington imposed a near-total energy blockade.

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