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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

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.


TSX:FT - Post by User

Fortune Minerals Ltd > High-Efficiency Industrial Motors using MnBi perm. magnets
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Comment by Allmanon Dec 11, 2024 5:48am
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Post# 36356017

RE:High-Efficiency Industrial Motors using MnBi perm. magnets

RE:High-Efficiency Industrial Motors using MnBi perm. magnets“DOE is helping reduce the nation’s dependence on foreign supply chains through innovative solutions that will tap domestic sources of the critical materials needed for next-generation technologies,” said U.S. Secretary of Energy, Jennifer M. Granholm. “These investments—part of our industrial strategy—will keep America’s growing manufacturing industry competitive while delivering economic benefits to communities nationwide.”  - think Rio Tinto and Fortune Minerals bismuth, especially considering that in the recent past, 65% of US bismuth imports and 75% of neodymium / neodymium magnet imports have come from China.

https://www.energy.gov/articles/us-department-energy-invests-17-million-shore-americas-energy-security-robust-supply-chain
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