Fortune Minerals’ strategy is centered on advancing the NlCO Project towards production

Fortune Minerals’ strategy is centered on advancing the NlCO Project towards production while exploring opportunities to expand its resource base and secure financing for project development.The company’s primary focus is on securing the necessary financing, permits, and partnerships to bring the NICO Project into production. Fortune is actively engaged in discussions with potential strategic partners, including companies in the automotive and technology sectors, who are interested in securing a stable supply of cobalt and other critical minerals.Fortune Minerals is recognized as a leading player in the development of critical mineral projects in Canada, particularly for its focus on cobalt, a metal that is crucial for the growing electric vehicle market. The company’s NICO Project is one of the most advanced cobalt development projects outside the DRC, giving it strategic importance in the global supply chain for this critical mineral.Fortune’s efforts to develop a vertically integrated operation in North America are aligned with broader industry trends toward securing local and sustainable sources of critical minerals, which are increasingly important for national security and economic resilience.