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EVs & Energy Storage
 
Argus Media - January 13, 2021
China's shipments of fifth generation (5G) mobile phones totalled 163mn in 2020, accounting for 52.9pc of the country's total phone ...

China's shipments of fifth generation (5G) mobile phones totalled 163mn in 2020, accounting for 52.9pc of the country's total phone shipments, bolstered by a rapid growth in consumer demand for 5G telecommunication networks in the country…China has accelerated infrastructure construction to support the development of 5G in the past two years. The country aims to build 600,000 5G base stations in 2021, according to the country's ministry of industry and information technology…The adoption of 5G is expected to boost demand for electronic and battery metals. The new generation of phones require high-efficiency power amplifiers that run on gallium arsenide or gallium nitride. The need for increased power to run 5G applications is prompting firms to manufacture larger lithium-cobalt batteries.

 
Engadget UK - January 14, 2021
The pair will conduct a "comprehensive feasibility study" together.

Renault wants to be known as a technology-focused sports car powerhouse. To that end, the company is relaunching Alpine — a French manufacturer established in 1955 and acquired by Renault in 1973 — as an umbrella brand for all of its high-performance initiatives, including Renault Sport Cars and Renault Sport Racing (RSR). We already knew that Renault’s Formula 1 team would use the Alpine name this season. Today, though, Renault revealed that Alpine will also become a cutting-edge EV maker…The A110 successor, meanwhile, will be co-produced with Lotus, a Britsh automaker now owned by Geely, the Chinese giant behind Volvo and the London Electric Vehicle Company. 

 
Forbes - January 14, 2021
2020 saw renewables replace fossil fuels in Europe for the first time and low cost renewables will soon outcompete coal, oil and gas assets.
such as decreasing car ownership, growing fuel efficiencies and a trend towards electric vehicles, whose impact is estimated to be three-to-

The energy transition is accelerating. 2020 saw renewables replace fossil fuels in Europe for the first time and one of the many impacts of COVID-19 has been on energy demand. According to the latest research from McKinsey, demand for fossil fuels will never return to pre-pandemic levels..McKinsey’s 2021 Global Energy Perspective report predicts not only that fossil fuel demand will not recover post-COVID-19 but that it is set to peak globally by 2029. The really big shift in energy demand though is expected to be towards electrification, and the report projects that power demand will double as this happens, with low cost renewables outcompeting fossil fuel assets by 2030. It also projects that by 2036, half of the global power supply will be generated by intermittent renewable energy sources…The shift in the energy mix is expected, not due to the behavioural shifts associated with the pandemic but rather “known” long-term shifts such as decreasing car ownership, growing fuel efficiencies and a trend towards electric vehicles, whose impact is estimated to be three-to-nine times higher than the pandemic’s by 2050…Christer Tryggestad, Senior Partner at McKinsey, says: “While the pandemic has certainly provided a substantial shock for the energy sector across all fuel sources, the story of the century is still a rapid and continuous shift to lower-carbon energy systems”. She adds however: “The share of electricity in the energy mix is set to grow by around 50% by 2050 and it’s set to capture all global energy growth as hydrocarbon consumption plateaus. .”

 
 
fortuneminerals
For further information about the NICO Project and its Mineral Reserves, please refer to the Technical Report on the Feasibility Study for NICO, entitled "Technical Report on the Feasibility Study for the NICO-Gold-Cobalt-Bismuth-Copper Project, Northwest Territories, Canada", dated April 2, 2014 and prepared by Micon, which has been filed on SEDAR and is available under the Company's profile at www.sedar.com.

DISCLAIMER

Fortune Minerals Limited does not endorse or guarantee the accuracy or completeness of any third party publication regarding the Company and accepts no liability for any direct or consequential losses arising from its use. The information contained in third party publications is subject to verification by the user and Fortune is under no obligation to provide, or comment upon, such publications. This communication is not, and under no circumstances is to be construed as, an offer to sell or a solicitation to buy any securities. Any decision to invest in securities in the secondary market or otherwise should only be made after consulting the investor’s own investment, legal, accounting and tax advisors in order to make an informed determination of the suitability and consequences of such investment.

CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

The materials appearing in this email contain forward-looking information. This forward-looking information includes, or may be based upon, estimates, forecasts, and statements as to management’s expectations with respect to, among other things, the size and quality of the Company’s mineral resources, progress in permitting and development of mineral properties, timing and cost for placing the Company’s mineral projects into production, costs of production, amount and quality of metal products recoverable from the Company’s mineral resources, anticipated revenues, earnings and cash flows from the Company's mineral projects, demand and market outlook for metals and coal and future metal and coal prices. Forward-looking information is based on the opinions and estimates of management at the date the information is given, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include the inherent risks involved in the exploration and development of mineral properties, uncertainties with respect to the receipt or timing of required permits and regulatory approvals, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal and coal prices, the possibility of project cost overruns or unanticipated costs and expenses, the possibility that production from the Company's mineral projects may be less than anticipated, uncertainties relating to the availability and costs of financing needed in the future, uncertainties related to metal recoveries and other factors. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that mineral resources will be converted into mineral reserves. Readers are cautioned to not place undue reliance on forward-looking information because it is possible that predictions, forecasts, projections and other forms of forward-looking information will not be achieved by the Company. The forward-looking information contained herein is made as of the date hereof and the Company assumes no responsibility to update them or revise it to reflect new events or circumstances, except as required by law.