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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

Comment by redon Mar 13, 2023 3:16pm
77 Views
Post# 35335611

RE:C is for Cobalt

RE:C is for Cobalt

No doubt in my mind the VW  "suppliers" like the  glencores of the world, will attempt to spin the the ESG and sustainability of the cobalt they get from the DRC...by studying the rules laid out in the " courses ". it started two years ago with some new organization, the name of which I forget but Allman you would know. 

the point is tho..... will that be enough for a plant in canada? Can Canada accept ? ELBM has a commitment with Glencore and they will participate in that spin ( crazy not to) and I don't blame them. 

or would VW ( or it's suppliers) just look to the only ready to go primary cobalt mine in canada and cut a off take deal ? No one has yet publicly even mentioned NICO or Ft for that matter but every one who needs to know knows about us so it should not be too much longer before we hear - like a deer in the headlights .... BAM !! we will be off to the races, so we hope ! 

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