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Fortune Minerals Limited. T.FT

Alternate Symbol(s):  FTMDF

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

Post by Allmanon Oct 19, 2022 8:20pm
131 Views
Post# 35035122

Rubio questions Volkswagens ties to metal suppliers in China

Rubio questions Volkswagens ties to metal suppliers in China

Re. VW Rubio issue from April of this year - since then, the US IRA and forced labour act have passed and there is a pending EU forced labour products ban. VW likely wants it US cars to be eligible for EV tax credits and also not want to get embroiled in another dieselgate like affair Re forced labour accusations. It's no wonder they came to Canada in August. Recall what was mentioned by VW then ...

VW is targeting initial capacity of 20 gigawatt-hours at the North American plant, said Thomas Schmall, Volkswagen AG board member and head of the automaker's Power Co battery unit.

At a media briefing Tuesday, Schmall said the company aims to announce the North American plant location and potential mining and refining partners by the end of the year.


https://www.mining.com/web/rubio-questions-volkswagens-ties-to-metal-suppliers-in-china-over-human-rights/
 

https://www.reuters.com/business/autos-transportation/volkswagen-teams-up-with-canada-battery-materials-push-2022-08-23/
 

At a media briefing Tuesday, Schmall said the company aims to announce the North American plant location and potential mining and refining partners by the end of the year.
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