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Sherritt CEO Says Cuba Holds Promise for the Patient

The head of Sherritt International Corp., the biggest foreign investor in Cuba, said industries from mining to infrastructure are ripe for development as the island nation moves tentatively to open up trade with the U.S.

The Toronto-based company, which has been mining nickel in Cuba for two decades and generates about 75 percent of its revenue there, has talked to the government about possible new investments in Cuba over the longer term, Chief Executive Officer David Pathe said.