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Fortune Minerals Limited. T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. Fortune also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.


TSX:FT - Post by User

Fortune Minerals Limited.
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Post by Allmanon Aug 30, 2022 8:40am
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Post# 34929021

Supply-chain crisis forces a big business rethink

Supply-chain crisis forces a big business rethink... In electric vehicles, battery makers and material companies are signing long-term contracts or forming joint ventures to ensure the stable supply of EV batteries and related raw materials. ...
“No batteries mean no EVs, so getting enough raw materials is one of the most important and competitive segments for battery makers to grab the share in the fast-growing market,” said Lee Hang-gu, a senior analyst at Korea Automotive Technology Institute. ...
But sourcing minerals from other companies cannot be the ultimate solution. As it gets tougher and tougher to buy minerals amid the surging demand and skyrocketing prices, companies are setting their sights on the recycling of used batteries and the extraction of key materials. ...
As for EV manufacturing, the government’s efforts are centered around agreements related to the sourcing of critical raw materials. ...

https://koreajoongangdaily.joins.com/2022/08/30/business/industry/Korea-US-China/20220830181701132.html
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