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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

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

Post by Allmanon Aug 30, 2022 11:57pm
201 Views
Post# 34931468

Japan Call for $24B Invest. to Boost Battery Competetiveness

Japan Call for $24B Invest. to Boost Battery Competetiveness

The ministry on Wednesday also said government support will expand for Japanese firms buying into mines of minerals used in batteries and reinforce alliances with resource-rich countries such as Australia and well as in Africa and South America.

    Demand for minerals such as nickel, lithium and cobalt is projected to expand significantly in coming decades as they become essential for environmentally friendlier technology.

https://money.usnews.com/investing/news/articles/2022-08-30/japan-calls-for-24-billion-investment-to-boost-battery-competitiveness
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