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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

Comment by Spuds21on Apr 29, 2023 10:34pm
127 Views
Post# 35421306

RE:Do Car Companies Know Where Their CM's Come From?

RE:Do Car Companies Know Where Their CM's Come From?The implications of not knowing today ... where the consumer is going to know or going to find out ...
 
The summary of the blog describes the importance of critical minerals in the automotive industry.
Critical minerals are used in the production of various car components, such as batteries, electronics, and catalytic converters.
However, car companies may not have a clear understanding of the supply chain for these minerals and their environmental and social impacts.
Lack of transparency and traceability in the supply chain can lead to unethical practices and human rights abuses.
Car companies need to take responsibility for ensuring the ethical sourcing and responsible management of critical minerals in their supply chain.
This will require collaboration with suppliers, governments, and other stakeholders to establish standards and ensure compliance with environmental and social regulations.
Ultimately the need for increased investment in recycling and circular economy approaches to reduce reliance on virgin materials and mitigate the environmental impacts of mining.
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