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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.


TSX:FT - Post by User

Fortune Minerals Ltd > Battery arms race’: how China has monopolised the EV
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Comment by redon Nov 26, 2021 8:11am
137 Views
Post# 34167907

RE:Battery arms race’: how China has monopolised the EV

RE:Battery arms race’: how China has monopolised the EV..."Simon Moores, CEO of Benchmark Mineral Intelligence told a US Senate committee in June that China is building the equivalent of one battery megafactory a week compared with one every four months in the US.".....

We can't underestimate US in this race so ro speak, the climate to invest will come if not already here ...the more they produce the more they need us. The supply chains and associated risks are the current and future reality and as we know not limited to cobalt and lithium but also REs. We in Canada sit good if the investment gurus jump in.

what's the different between a mega factory and a giga factory = x 1000  and it's just the start.... more needed ...

https://www.cnbc.com/2021/11/23/tesla-texas-gigafactory-will-cost-at-least-1point06-billion-filings.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Message


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