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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
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Post by Allmanon Jan 13, 2025 12:38pm
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Post# 36401527

CM's Strategy Key to US Military Readiness, Pentagon Says

CM's Strategy Key to US Military Readiness, Pentagon SaysThe Department of Defense is intensifying efforts to secure critical minerals essential for military systems, amid growing concerns over supply chain vulnerabilities and China’s export restrictions.
Speaking at the Naval War College in Newport, Rhode Island, Adam Burstein, technical director for strategic and critical materials in the Office of the Assistant Secretary of Defense for Industrial Base Policy, outlined ongoing challenges.
“Recent disruptions [due to] adversarial actions have underscored what we have long recognized, that it is more urgent than ever to build capability and resilience in supply chains for critical minerals,” Burstein said. ...
China’s attempts to impose export bans on key materials like gallium, germanium, and antimony have “demonstrated China’s willingness to cause such a disruption to critical US supply chains and highlights the urgency of securing our supply chains against such tactics,” Burstein said. ...

https://thedeepdive.ca/critical-minerals-strategy-key-to-us-military-readiness-pentagon-says/
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