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Bullboard - Stock Discussion Forum
Fortune Minerals Ltd
T.FT
Alternate Symbol(s):
FTMDF
Metals & Mining
Industrial Metals & Minerals
Fortune Minerals Limited is a mining company. It is engaged in the exploration and development of mineral properties in Canada. It is focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories and Alberta that produces a bulk concentrate for shipment to a refinery that it plans to construct in southern Canada. It also owns the satellite Sue-Dianne copper...
-silver-gold deposit located 25 kilometers (km) north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator. It also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia. It also has a 100% interest in these 116 hectares of property south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has a 1% net smelter royalty covering 78 hectares of land positioned in a former silver mining district, located south of the Eldorado mining district at Great Bear Lake.
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TSX:FT - Post Discussion
Fortune Minerals Ltd
> VOLKSWAGEN GROUP AND POWERCO SE LAUNCH SITE SEARCH
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•••
Allman
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Post by
Allman
on Dec 01, 2022 1:03pm
VOLKSWAGEN GROUP AND POWERCO SE LAUNCH SITE SEARCH
The Volkswagen Group and its battery company PowerCo SE founded in July 2022 intend to accelerate the build-up of their global
battery
business through rapid expansion to North America. Volkswagen CEO Oliver Blume and the Canadian Minister for Innovation, Science and Industry, Franois-Philippe Champagne, signed in Wolfsburg today an Addendum to the non-binding Memorandum of Understanding (MoU) of August this year to identify suitable sites for a cell factory in Canada. The two parties will continue their cooperation in the areas of battery value creation, raw material supply chains and cathode material production which had been established in August. Furthermore, PowerCo and materials technology group Umicore have agreed to investigate a strategic supply agreement on cathode material for North America. In September, the two companies had announced that they would cooperate in Europe by forming a joint venture for precursor and cathode material production. ...
Through the additional strategic supply agreement, the partners are extending their cooperation to Canada. The objective is to secure capacities at competitive prices as well as firm delivery agreements for cathode materials and their precursors for the future cell production of PowerCo SE. This concerns a volume of up to 40 gigawatt-hours (GWh) per year in 2030, corresponding to about 550,000 all-electric vehicles. Deliveries are planned to start in 2027. ...
https://theevreport.com/volkswagen-group-and-powerco-se-launch-site-search-for-first-gigafactory-in-north-america
For the development of the cell production supply chains required in North America, PowerCo SE and Belgian materials technology group Umicore are intensifying their existing cooperation on the development of regional supply chains for sustainable battery materials. The partners today signed an MoU concerning a long-term strategic partnership to secure cathode materials for future cell production in North America.
(141)
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Jim1712
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Comment by
Jim1712
on Dec 01, 2022 1:18pm
Largest car manufacturer in the world ! Jim
(191)
•••
Allman
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Comment by
Allman
on Dec 01, 2022 2:38pm
https://www.bnnbloomberg.ca/video/volkswagen-closer-to-announcing-battery-plant-in-canada-innovation-minister~2575587
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