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Bullboard - Stock Discussion Forum 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... see more

TSX:FT - Post Discussion

Fortune Minerals Ltd > US Weighing Reprieve for Automakers on E Vehicle Tax Credits
View:
Post by Allman on Nov 29, 2023 8:43am

US Weighing Reprieve for Automakers on E Vehicle Tax Credits

This imminent piece of the puzzle should have some influence on FT's outcome.

Guidance expected this week by the Treasury Department will define which nations are foreign entities of concern and spell out details of how much content from foreign adversaries will be allowed in the electric vehicle battery supply chain. It will also outline what percentage of Chinese ownership would exclude a supplier from receiving the tax credit.

https://www.bnnbloomberg.ca/us-weighing-reprieve-for-automakers-on-electric-vehicle-tax-credits-1.2004613 
Comment by Freedom2022 on Nov 29, 2023 12:21pm
We have substantial chineese investment,, will we be disqualified?   lol   cheers!
Fortune Minerals Ltd
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