Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to provide a summary of the key highlights from the Cobalt Institute’s (“CI”) Cobalt Market Report 2021 (access report here) released this week. The CI is a trade organization promoting the sustainable and responsible production and use of cobalt with member companies comprised of producers, developers, users, traders, and recyclers of cobalt metals and chemicals. The Cobalt Market Report 2021 confirms cobalt’s essential role in diverse industrial applications, and particularly as an enabler of the green economy transition and innovation of rechargeable battery technologies supporting accelerating global electric vehicle (“EV”) sales. Fortune’s NICO Cobalt-Gold-Bismuth-Copper Project (“NICO Project”) is a Canadian, vertically integrated, Critical Minerals development and one of the few cobalt assets in the world that can be developed in the timeframe needed to meet today’s cathode chemistries in rechargeable batteries used in EV’s, portable electronics and stationary storage cells.
Fortune Minerals Provides Summary of Key Highlights of the Recent Cobalt Institute Cobalt Market Report 2021
May 19, 2022
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