Fortune Minerals Ltd T.FT

US stance

[Marketbeat]

Hey folks,

some real concrete plans by the us gov laid out in their plans to be self sufficient. 

Note the critical mineral plan and their battery plan! 

https://www.whitehouse.gov/briefing-room/statements-releases/2021/02/24/fact-sheet-securing-americas-critical-supply-chains/

[AbuBaba]

Great to see such tremendous and total continuity between Trump and Biden. Who would've thunk....

[Marketbeat]

I see what your saying... but tons of difference between the two. Biden's stance came to fruition by virtue of supply chain risk/scarcity due to covid.  whereas imo, trump was a nationalist who failed to understand the dynamics of globalization and trade. In every deal there are two sides. A trade agreement should be equitable for all parties involved. Tump approached everything as if

[AbuBaba]

Different route, same end point. I guess there's a silver lining in all this virus stuffing. At least for the green-minded folk.

[red]

Not sure what the 100 day report is going to show that is not already known and in fact being experienced by manufacturers right now ......industry leaders are well aware of the problems and have been for some time. The report I guess will help develop policies that will come with government support money which will likely be billions .....which is another point already said by many.  those

[red]

To my point ... https://www.reuters.com/article/us-autos-electric-ford-gm-idUSKBN2AO2PR

[red]

https://www.cbc.ca/news/technology/trudeau-biden-electric-vehicles-1.5926899 On Monday, Natural Resources Minister Seamus O'Regan announced that a new "federal-provincial-territorial task team" is developing an inventory of Canadian "critical minerals" that would help build an "integrated, all-Canadian critical minerals and battery value chain."  "