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Fortune Minerals Ltd FTMDF


Primary Symbol: T.FT

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.


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Fortune Minerals Ltd > Strategic CUSMA reforms
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Post by Allmanon Nov 14, 2024 11:16am
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Post# 36312783

Strategic CUSMA reforms

Strategic CUSMA reformsAt least Alberta is thinking ahead ... 

With the 2026 review of the Canada-United States-Mexico Agreement (CUSMA) on the horizon, a first-of-its-kind consortium of Alberta organizations is pushing for strategic reforms to secure North America's competitive edge. 

https://www.newswire.ca/news-releases/alberta-group-pushes-feds-for-strategic-cusma-reforms-852430568.html

Integrated North American Supply Chains for Critical Minerals: To reduce dependency on China for critical minerals such as lithium and cobalt, further regional investment in critical minerals should be encouraged. There is an opportunity to use CUSMA to encourage the creation of integrated supply chains for critical minerals used in advanced technologies.

Rules of Origin: With Canada and the United States already imposing a 100 per cent tariff on Chinese EVs, there is opportunity to further harmonize regional content requirement for cars and to cover the entire value chain including critical minerals, battery manufacturing and assembly. This would increase the competitiveness of North America EV makers and safeguard against Chinese imports flooding the markets. Furthermore, ensuring labour provisions are adhered to across all three nations may hinder Chinese firms looking to utilize subsidiaries in Mexico to access North American markets.

https://calgaryeconomicdevelopment.com/assets/CUSMA/CUSMA-Review-Joint-Submission-_BCA_CC_CED_CGAI_CWF_Nov-13.pdf?vid=3
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