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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 > GM and other automakers are scrambling....drum roll
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Post by Spuds21on Dec 01, 2021 12:15pm
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Post# 34185424

GM and other automakers are scrambling....drum roll

GM and other automakers are scrambling....drum roll

GM and other automakers are scrambling to integrate and onshore supply chains for electric vehicle batteries to reduce costs and lower risks of supply chain disruptions.

GM to form new joint venture to produce crucial materials for EV

  • GM on Wednesday said it has signed a non-binding term sheet to create the joint venture with South Korea-based Pocso Chemical.
  • The companies plan to open a new North American facility to process critical battery materials known as Cathode Active Material in 2024.
  • GM and other automakers are scrambling to insource and onshore supply chains for electric vehicle batteries to reduce costs and lower risks of supply chain disruptions.
https://www.cnbc.com/2021/12/01/gm-to-form-new-joint-venture-to-produce-costly-raw-materials-for-evs.html

https://www.cnbc.com/2021/12/01/gm-to-form-new-joint-venture-to-produce-costly-raw-materials-for-evs.html
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