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The US has Mmetals Problem - Lithium, Graphite, Copper, Nickel Supplies :: The Market Oracle ::


Years of neglecting its critical metal supplies is catching up with the United States, as demand for the raw materials needed to build a new green economy that rejects fossil fuels gears up.
US President Joe Biden just announced a $2.3 trillion infrastructure spending package aimed partially at shifting the US transportation system from gas and diesel-based to battery-powered, and more support for renewable energies such as wind and solar over carbon-based sources like natural gas.
The plan is big on promises and appears to benefit many sectors, but details are scant on how the country will source the metals needed for repairing and replacing traditional “blacktop” infrastructure, and minerals that will feed a brand new “mine to battery” supply chain. ....

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Fortune Minerals Announces Five High Priority Drill Targets East of NICO Deposit From Modelling Geophysics


Press release content from Business Wire. The AP news staff was not involved in its creation.
Fortune Minerals Announces Five High Priority Drill Targets East of NICO Deposit From Modelling Geophysics
March 17, 2021 GMT
Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“
Fortune ” or the “
Aurora ”) has completed three-dimensional (“
I.P.”) and ground magnetometer surveys carried out east of the NICO Cobalt-Gold-Bismuth-Copper Deposit (“
NICO Deposit ”) in Canada’s Northwest Territories. The geophysical interpretations were reconciled with the geology and previous drill-hole information, identifying five high priority targets for follow-up drilling this summer. The NICO Deposit and Fortune’s nearby Sue-Dianne Copper-Silver-Gold satellite deposit are Iron-Oxide-Copper-Gold-type (“ ....

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Australia Rolls Out 10-Year Critical Mineral Plan, as Beijing Looms Over Global Supply


Australia Rolls Out 10-Year Critical Mineral Plan, as Beijing Looms Over Global Supply
The Morrison government has launched a new national roadmap to boost local processing of critical minerals and resources amid looming concerns over Beijing’s stranglehold on global supply chains.
The initiative will also address long-running concerns that Australia is not capitalising on its natural advantage in resources, and has for years, simply exported minerals overseas only to repurchase the final product from overseas at higher margins.
Prime Minister Scott Morrison launched the 10-year Resources Technology and Critical Minerals Processing Roadmap on Thursday while visiting the coal-rich Hunter Valley region north of Sydney. ....

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