Fortune Minerals (TSE:FT) has released an update.
Fortune Minerals has secured a new option agreement to purchase a brownfield industrial site in Alberta for its NICO Project refinery, which will process metal concentrates and support the North American lithium-ion battery industry. The company also announced the addition of Alex Mezei as Chief Metallurgist to oversee the project’s development. The site offers strategic advantages, including existing facilities and proximity to resources, expected to reduce costs significantly.
For further insights into TSE:FT stock, check out TipRanks’ Stock Analysis page.
