Fortune Minerals Ltd T.FT

Strategic CUSMA reforms

[Allman]

At least Alberta is thinking ahead ... 

With the 2026 review of the Canada-United States-Mexico Agreement (CUSMA) on the horizon, a first-of-its-kind consortium of Alberta organizations is pushing for strategic reforms to secure North America's competitive edge. 

https://www.newswire.ca/news-releases/alberta-group-pushes-feds-for-strategic-cusma-reforms-852430568.html

Integrated North American Supply Chains for Critical Minerals: To reduce dependency on China for critical minerals such as lithium and cobalt, further regional investment in critical minerals should be encouraged. There is an opportunity to use CUSMA to encourage the creation of integrated supply chains for critical minerals used in advanced technologies.

Rules of Origin: With Canada and the United States already imposing a 100 per cent tariff on Chinese EVs, there is opportunity to further harmonize regional content requirement for cars and to cover the entire value chain including critical minerals, battery manufacturing and assembly. This would increase the competitiveness of North America EV makers and safeguard against Chinese imports flooding the markets. Furthermore, ensuring labour provisions are adhered to across all three nations may hinder Chinese firms looking to utilize subsidiaries in Mexico to access North American markets.

https://calgaryeconomicdevelopment.com/assets/CUSMA/CUSMA-Review-Joint-Submission-_BCA_CC_CED_CGAI_CWF_Nov-13.pdf?vid=3

[CG2021]

What's new with this project since the US /CAN funds have been given are we moving forward???

[Notmyfirstrodeo]

I think they haven't moved to far backwards. They are updating the feasibility study though it's impossible to know if they have started. I seem to recall that the last feasibility study took years. If the first feasibility study was any good then doing a new one should be mostly inputting some new numbers since prices for metals have changed and cost have changed. Maybe they are waiting

[geolith]

All Feasibiity Studies are stand alone docuens with checks on all assays, blanks and standards, and the database.  Then a resource can be estimated using whatever techniques the QP feels are correct.  Geologists are notoriously subjective and can prefer one technique over another.  Engineers will review mining costs for open pit and underground, including various changes in methods