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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 > Canada prioritizing Critical Minerals mining and refining
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Post by Allman on Dec 29, 2024 8:56am

Canada prioritizing Critical Minerals mining and refining

Finally the horse is getting back in front of the cart. 2025 should prove to be momentous year for Fortune Minerals.

The Canadian government is adjusting its approach to electric vehicle production amid challenges in the global energy transition, signaling a strategic pivot away from pursuing large-scale battery manufacturing plants. Instead, the focus will shift toward consolidating existing commitments and building a robust domestic supply chain for critical minerals like lithium and nickel. ...

However, Champagne emphasized that the era of securing such mega-projects is drawing to a close. “Now, it’s about consolidation,” he said. This shift will prioritize mining and refining battery materials within Canada, a critical step for establishing a stable supply chain and reducing reliance on imports, particularly from China. ...

https://thedeepdive.ca/canada-retreats-from-mega-battery-plant-race-in-ev-strategy-pivot/
Comment by Freedom2022 on Dec 29, 2024 2:03pm
Lets just hope the New government this spring has the Same plan for minning and refining,, you would think they would , but until something happens it hasnt happened March 2025 i expect a Final decision,,, cheers!
Comment by Baserunner on Dec 29, 2024 2:21pm
Probably the most promising news in regards to the critical materials supply agenda and our very own PROJECT! This news should move the investment community closer to our project and hopefully it soon will reflect in the share price! If not, there is something in a BIG way not being told that hasn't come to light yet!