NICO Cobalt-Gold-Bismuth-Copper Project

The NICO deposit in Canada’s Northwest Territories was discovered by Fortune Minerals in 1996. NICO is a fully vertically integrated project that will include mining and concentrating ores in the Northwest Territories, and transportation of the metal concentrate to the proposed refinery in Alberta for further processing to high value metal and chemical products. NICO is positioned to stand out as a North American asset dedicated to the production of cobalt chemicals needed to manufacture rechargeable batteries used in electric vehicles, stationary power storage applications, and portable electronics such as smart phones, tablets and laptops. The unique metal assemblage of the deposit also includes more than 10% of global bismuth reserves along with significant gold as a counter cyclical hedge to reduce exposure to cobalt and bismuth price volatility.

Fortune continues to pursue off-take agreements and financing solutions with the objective of commencing construction activities as soon as project financing is secured.

Information presented in this website was accurate at the time of posting; however, some information may be superseded by subsequent disclosures. The reader is cautioned to review all postings to ensure they are aware of any updated information.

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July 22, 2024 Cobalt News
January 12, 2024 Corporate Presentation 4.05 MB
October 1, 2023 Fact Sheet 1.50 MB
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