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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 Oct 19, 2022 1:46pm
101 Views
Post# 35034156

ENVISION AESC AND BMW GROUP ANNOUNCE NEW PARTNERSHIP

ENVISION AESC AND BMW GROUP ANNOUNCE NEW PARTNERSHIPThis will be the third Envision battery plant in North America - maybe they'll be looking for a domestic cobalt source for their energy dense, extended range BMW batteries.

To support production, Envision AESC has committed to invest in a dedicated new 30GWh battery manufacturing plant in South Carolina, which will be powered by 100 per cent net zero carbon energy. Work is currently underway by the company to finalize a suitable site close to BMW Group's vehicle production and battery assembly facilities.
As part of the agreement, Envision AESC will supply technology-leading battery cells that result in 20 per cent more energy density, faster charging speeds and an extended range of up to 30 per cent for electric models produced in BMW Group's Spartanburg plant by 2030.

https://www.prnewswire.com/in/news-releases/envision-aesc-and-bmw-group-announce-new-partnership-in-battery-cell-production-and-supply-840304270.html

 

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