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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 > DOD Enters Agreement to Strengthen U.S. Cobalt Supply Chains
View:
Post by Allman on Jun 15, 2023 2:15pm

DOD Enters Agreement to Strengthen U.S. Cobalt Supply Chains

Comment by Allman on Jun 16, 2023 9:50am
If Jervois ends up constructing a cobalt refinery in the US with a capacity similar to the originally proposed Finland refinery expansion, i.e. 6,000 mtpa, and their Idaho mine output is in the order of 2,000 mtpa, they'll certainly have some room for more feedstock - where would that come from? Maybe Nico? The Agreement Funding will also fund a bankable feasibility study (a “BFS”) for a ...more  
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