FTMDF News and Press, Fortune Minerals Ltd From 07/24/21

Cobalt spot prices were significantly higher for the month and LME cobalt inventory was slightly lower. Cobalt market news - IEA forecasts cobalt demand to increase 6x to 21x from 2020 to 2040. LG Chem to invest $5B to produce EV battery materials. Cobalt miners news - China Moly'...

Cobalt spot prices were slightly higher for the month and LME cobalt inventory was about the same. Cobalt market news - US unveils plans for the supply of batteries, critical minerals, semiconductors. Volkswagen and Tesla both active in securing battery materials. Cobalt miners ne...

NICO optimizations and refinery site negotiations advancing for Project Finance study Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“ Fortune ” or the “ Company ”) ( www.fortuneminerals.com ) is pleased to report the results o...

Drilling program planned later this year to test targets east of the NICO Deposit NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“ Fortune ” or the “ ...

Cobalt spot prices were lower for the month and LME cobalt inventory was about the same. EV supply chain majors pilot Re|Source, a blockchain solution for end-to-end cobalt traceability. Cobalt market news - S&P GMI forecasts the cobalt market to move into deficit from 2024. Analy...

Cobalt spot prices were slightly lower for the month and LME cobalt inventory was slightly lower. Cobalt market news - President Biden’s $2.25 trillion infrastructure package proposes a $174 billion investment "to win the EV market". Cobalt miners news - CATL takes stake in...

Cobalt spot prices were higher again for the month and LME cobalt inventory was lower. Cobalt hydroxide prices up 65.5% YTD. Cobalt market news - Cobalt demand from NCM batteries used in EVs will likely increase a whopping 37x from 2019 to 2040. Cobalt miners news - Glencore reduc...

Fortune and Aurora Geosciences recommending 13 holes for summer drill program Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“ Fortune ” or the “ Company ”) ( www.fortuneminerals.com ) is pleased to report that Aurora Geoscienc...

Cobalt spot prices surged higher again for the month, and LME cobalt inventory was much lower. Cobalt market news - China’s demand for electric cars drives cobalt prices to highest level in 2 years. UBS: Cobalt market to be in deficit for the next 10 years. Cobalt miners ne...

Site selection optionality, while reducing capital costs, and permitting and technical risks Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“ Fortune ” or the “ Company ”) ( www.fortuneminerals.com ) is pleased to announce that...