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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 redon Sep 07, 2022 7:58am
144 Views
Post# 34945915

Honda wants to sell EVs in NA ….

Honda wants to sell EVs in NA ….Then Best get a source in NA ......this deal with Honda and Hanwa ( who have offices in Vancouver and Toronto ) is a bit of an indicator of the variety of companies who could be talking to Ft and others for partnerships and off take agreements in canada to secure products for Honda EVs. Hanwa is no slouch organization.....so much potential for a Deposit like Nico for any number of organizations that will need to tap into NA sources ...from Hanwa web site ....


Announcement of Strategic Partnership Agreement with Honda Motor Co., Ltd. for Sustainable Procurement of EV Battery Metals:
 
Hanwa Co., Ltd. (“Hanwa”) is hereby delighted to announce a strategic partnership agreement with Honda Motor Co., Ltd. (“Honda”). This partnership aims to build a solid and sustainable supply chain for procurement of essential EV battery metals such as nickel, cobalt and lithium.
With an eye toward the rapidly accelerated demand growth in lithium-ion battery market and becoming more difficult to secure sufficient volume of the essential metals for EV battery, Hanwa is willing to utilize its existing global network and consolidate long-term procurement of the essential materials from our projects, partners, existing and future prospective suppliers through this partnership with Honda.
In this fast-growing market, Hanwa, in its Primary Metal Depts. and Battery Team, has been intensively expanding its critically important minerals including not only above key metals for battery cathodes but also graphite (natural & synthetic), silicon and black mass for battery anodes and recycling products. Hanwa will keep contributing to both social development and environmental conservation by responding to increasing demand while expanding its supply ability through partnerships with the resource suppliers and smelting/refining companies, off- takes, and investments etc
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