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SLAM DRILLS MORE COPPER MINERALIZATION AT GOODWIN (click to learn more)
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Fortune Minerals Limited. T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Limited.
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•••
Post by Allmanon May 22, 2024 8:20am
124 Views
Post# 36051510

Rare Earth Free Motor Designs using MnBi activity

Rare Earth Free Motor Designs using MnBi activitySome info on MnBi magnet commercialization activity - PowerMet Inc was awarded Federal Government seed money in 2022 to pursue mass production, with an award end date of 2024-08-21;

"This Project will transition licensed DOE-developed MnBi permanent magnets to industry, and develop 80KW permanent motor alternating current (PMAC) motor designs meeting 2025 EETT roadmap goals for electric traction motors without the use of rare earth magnets. MnBi is unique in providing very high coercivities, similar to Rare earth (RE) magnets but using no critical materials.This project will validate motor designs, mature MnBi to Kg scale magnet production, and design advanced wide bang gap current control topographies can overcome the low temperature demagnetization concerns of MnBi." ...
"Commercial applications and benefits: Electric Vehicles are expected to reach 35% market share in the 2030’s, and will require lower cost and more efficient traction motors. MnBi can reduce or eliminate rare earth dependance in these motors, while reducing cost of magnets by 50% over ferrite and NdFeB materials."


Rare Earth Free Motor Designs with MnBi Award Information
https://www.sbir.gov/node/2282333


Improved rare-earth-free magnets can’t be touched
https://www.materialstoday.com/metals-alloys/news/improved-rareearthfree-magnets-cant-be-touched/   

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