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Bullboard - Stock Discussion Forum 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... see more

TSX:FT - Post Discussion

Fortune Minerals Limited. > The U.S. Needs To Expand Its Cobalt Reserves
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Post by Allman on Oct 24, 2023 11:09am

The U.S. Needs To Expand Its Cobalt Reserves

https://nationalinterest.org/feature/us-needs-expand-its-cobalt-reserves-207035
Comment by Allman on Oct 24, 2023 12:47pm
Interesting stat in this article, ie. a 20% reduction in cobalt supply to the US would reduce their GDP by 2%. Sounds like now's the time for the US to be proactive in their backyard. ... The United States cannot afford to rely on China for cobalt. Its supply chain is more concentrated and vulnerable than any other critical mineral, and China has repeatedly shown a willingness to cut ...more  
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