The Globe and Mail reports in its Thursday edition that as the Trump administration's blockade of oil supplies to Cuba pushes the country closer to a humanitarian crisis and economic collapse, one small Canadian company is uniquely exposed to the turmoil. The Globe's Jason Kirby writes that Sherritt International, the Toronto mining and power production company with three decades of close ties to the Caribbean island, warned this week that its nickel and cobalt mining operations there could be forced to shut down amid the crisis. In its fourth-quarter and year-end report released Tuesday, which covered the period ending Dec. 31, 2025, the company stated that while its Moa mine can typically obtain fuel from international suppliers to continue its operations, "there can be no assurance that it will be successful in maintaining the continuity of operations." In an earnings call Wednesday, Peter Hancock, interim chief executive officer, played down the risks from "recent geopolitical developments," telling shareholders the company's operations have not yet been affected. "Navigating uncertainty is nothing new for Sherritt," he said. However, U.S. President Donald Trump seems intent on toppling Cuba's communist regime.
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