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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 Nov 29, 2023 8:43am
130 Views
Post# 35758149

US Weighing Reprieve for Automakers on E Vehicle Tax Credits

US Weighing Reprieve for Automakers on E Vehicle Tax CreditsThis imminent piece of the puzzle should have some influence on FT's outcome.

Guidance expected this week by the Treasury Department will define which nations are foreign entities of concern and spell out details of how much content from foreign adversaries will be allowed in the electric vehicle battery supply chain. It will also outline what percentage of Chinese ownership would exclude a supplier from receiving the tax credit.

https://www.bnnbloomberg.ca/us-weighing-reprieve-for-automakers-on-electric-vehicle-tax-credits-1.2004613 
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