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Bullboard - Stock Discussion Forum 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... see more

TSX:FT - Post Discussion

Fortune Minerals Ltd > Friendshoring Critical Minerals
View:
Post by Allman on May 03, 2023 1:32pm

Friendshoring Critical Minerals

Have a look at table 4, CM production and demand potential in all democratic countries. In particular, for cobalt and the "2030 demand as a percentage of projected production"; it's 3040% . What in tarnations is going on; with such a projected shortfall, car and battery companies must be either asleep at the wheel or frantically considering their cobalt friendshoring supply options. Something has to give very soon.

https://carnegieendowment.org/2023/05/03/friendshoring-critical-minerals-what-could-u.s.-and-its-partners-produce-pub-89659
Comment by AbuBaba on May 03, 2023 3:35pm
Democratic countries? Please extrapolate. https://www.nbcnews.com/news/world/justin-trudeau-invokes-emergency-powers-quell-trucker-protests-canada-rcna16213 https://nationalpost.com/news/canada/trudeau-says-he-didnt-force-anyone-to-get-vaccinated-all-the-incentives-were-there-to-encourage-canadians
Comment by Nemesis on May 03, 2023 7:22pm
Very interesting projections, thanks for the info Allman!
Comment by red on May 03, 2023 9:06pm
Any one wondering about being testy this is a good reason to be ? A sleep at the wheel does not cut it and there has to be more to this than we know. Question is what / Why is it ?