Fortune Minerals Welcomes Canada’s C$3.8 Billion Critical Minerals Strategy to Support Domestic EV Supply Chains
Retrieved on:
Tuesday, April 12, 2022
Automotive, Mining, Minerals, Alternative Energy, Alternative Vehicles, Fuels, Energy, Natural Resources, Bismuth, Lead, Government, Ministry of Oil and Mineral Reserves (Syria), Mineral, COVID-19, Invest in Canada, Research, Transport, Gold, NICO, LinkedIn, Review, Nickel, Electricity, Mining, Alloy, Investment, TSX, NWT, Defense, Cobalt, Disclosure, Feasibility study, Resource management, Technical report, Reserve, Plant, Aluminium, National Strategic and Critical Minerals Production Act of 2013, Paint, Metal, Company, Copper, Glass, Defense Production Act of 1950, Policy, News, Lithium, EV, Recycling, Legislation, Investor, Leadership, Fortune, Cosmetics, Growth, Temperature, Technical Report Archive & Image Library, National instrument, Budget, Industry, SEDAR, Time, Democratic republic, DPA, Uranium, Center, Type, Congo, Union, Risk, Renewable energy, Rare-earth element, Oil
Fortune is encouraged that the 2022 Budget allocates significant funding to align with government policy objectives to grow the domestic Critical Minerals supply chain.
Key Points:
- Fortune is encouraged that the 2022 Budget allocates significant funding to align with government policy objectives to grow the domestic Critical Minerals supply chain.
- The NICO Project is an advanced development stage asset to provide a reliable North American source of three Critical Minerals (cobalt, bismuth and copper).
- Fortune has expended more than C$135 million to advance the NICO Project from an in-house discovery to a near-term producer with a 20-year supply of Critical Minerals.
- Fortune is a Canadian mining company focused on developing the NICO cobalt-gold-bismuth-copper Critical Minerals project in the NWT and Alberta.