The London Free Press
Thursday, August 2, 2007
By CP
TORONTO -- Sherritt International Corp., which yesterday posted a record profit of $132.4 million in the second quarter, says it plans to double its metals production capacity in four years.
The diversified mining, oil and gas, and utilities company more than doubled its $57.2-million year-earlier earnings on strong sales and "robust" metal prices, and reported diluted earnings per share were 72 cents, versus 33 cents in the year-earlier period.
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