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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 May 03, 2023 1:32pm
164 Views
Post# 35427970

Friendshoring Critical Minerals

Friendshoring Critical MineralsHave a look at table 4, CM production and demand potential in all democratic countries. In particular, for cobalt and the "2030 demand as a percentage of projected production"; it's 3040% . What in tarnations is going on; with such a projected shortfall, car and battery companies must be either asleep at the wheel or frantically considering their cobalt friendshoring supply options. Something has to give very soon.

https://carnegieendowment.org/2023/05/03/friendshoring-critical-minerals-what-could-u.s.-and-its-partners-produce-pub-89659
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