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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 16, 2024 8:00pm
282 Views
Post# 36044565

U.S.-Canada Bilateral Energy Transformation Task Force

U.S.-Canada Bilateral Energy Transformation Task ForceMay 16 2024 - the date all our past speculation about how this perfectly aligned stars macro should be benefitting FT finally went micro so to speak. Looks like FT was right on top of the pile of Canadian CM miners considered by the ETTF over the past year. Clearly the NICO deposit has been scrutinized to death by US and Canadian government industry experts and it's been concluded that the (very) advanced project checks all the boxes and has the goods to play a significant strategic role in establishing domestic clean energy supply chains. NICO will and is happening!

... In March 2023, President Biden and Prime Minister Trudeau launched the one-year ETTF to accelerate cooperation on critical clean energy opportunities and supply chains, including: security and strengthening renewable energy and electric vehicle supply chains, critical minerals, grid integration and resilience, nuclear energy, and other areas to advance our collective energy security. Under the leadership of Deputy Prime Minister Chrystia Freeland and White House Senior Advisor to the President Amos Hochstein, in partnership with departments and ministries in both countries, the inaugural ETTF meeting took place in May 2023. ...
Today, Canada and the United States jointly announced the first co-investments targeting the development of strategic critical mineral deposits in Canada. Two Canadian companies have received funding to advance the resilient development of North American critical mineral supply chains. ...
These announcements by the United States and Canada demonstrate our commitment to implementing a joint vision of developing sustainable, integrated critical mineral supply chains that will serve North American advanced manufacturing, clean energy, and defense sectors.


https://ca.usembassy.gov/joint-statement-extension-bilateral-energy-transformation-taskforce/
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