fortuneminerals
Click on the blue article title to read full story. 

Excerpt from September 17, 2025, BMO Metals Brief:

More US critical minerals funding: The US is in talks to set up a $5bn fund to invest in mining according to Bloomberg, with the US International Development Finance Corp (DFC) reportedly in discussions to establish a joint venture with Orion Resource Partners. The partnership would reportedly see both parties provide the same amount of money and would be structured similar to the $1.2bn venture that Orion announced earlier this year with the Abu Dhabi sovereign wealth fund. The DFC was formed during President Trump’s first term and has already approved multiple investments in the mining industry, as well as committing funding to upgrade the Lobito Corridor railway. Meanwhile, US-based Highland Copper has received a $250mn LOI from the US Export-Import Bank, one of the largest LOIs issued by the bank in recent months

 
Cobalt & Bismuth
 
MINING.com - September 16, 2025
US in talks to set up $5 billion fund for critical mineral deals
US in talks to set up $5 billion fund for critical mineral deals

The US is in talks to set up a $5 billion fund to invest in mining, in what would be the government’s most significant foray into dealmaking to boost supplies of critical minerals…The US International Development Finance Corp. is in discussions to establish the fund as a joint venture with New York-based investment firm Orion Resource Partners, according to people familiar with the matter, who asked not to be identified because the talks are private. Key details are still being negotiated, and there’s no certainty a deal will be agreed, they said…Trump has touted the prospect of minerals deals in Ukraine and Greenland, while the White House is also keen to promote US investment into the Democratic Republic of Congo’s mining industry. But the joint fund with Orion, if it is finalized, would provide a new avenue for the US government to engage in large-scale deals itself…The Trump administration has made it a priority to shore up access to critical minerals such as copper, cobalt and rare earths. The logic behind the potential collaboration between the DFC and Orion is widespread anxiety about supply…In the near term, concerns are fixed on China, which processes the bulk of a wide range of minerals from copper to antimony, while Chinese companies continue to snap up overseas mining assets to feed facilities at home. In the longer run, deep shortages are forecast for some metals due to insufficient investment, declining grades and protracted permitting processes.

 
Reuters - September 15, 2025
A sample of bismuth (Bi) is displayed at the Laboratory of Physics and Material studies (LPEM) in Paris, France, June 23, 2025. REUTERS/ ...
A sample of bismuth (Bi) is displayed at the Laboratory of Physics and Material studies (LPEM) in Paris, France, June 23, 2025. REUTERS/ ...

The U.S. Defense Logistics Agency is planning to buy more than five million pounds of bismuth metal over the next five years to secure supplies of the material last held in the national stockpile nearly three decades ago…Bismuth metal has numerous applications in metallurgy and defense, according to the agency, including in some ammunition, due to its ability to mimic lead…China has increasingly used export restrictions to tighten control over exports of critical minerals…The DLA previously held bismuth in the National Defense Stockpile, but the last reserves were sold in 1997. In its statement of work published last month the DLA said it intends to purchase bismuth metal to "reduce the risk of availability in the bismuth metal supply chain" for Department of Defense applications.

 
 
Fortune Minerals In The Media
 
EIN Presswire - September 16, 2025
Strategic Resources for a Powered Future: Lithium, Copper & Critical Minerals on Sep. 18 Industry experts will explore lithium, copper, and ...
Strategic Resources for a Powered Future: Lithium, Copper & Critical Minerals on Sep. 18 Industry experts will explore lithium, copper, and ...

SINGAPORE , SINGAPORE, September 16, 2025 /EINPresswire.com/ -- investorTV, a digital platform powered by Global One Media that brings together industry experts, corporate leaders, and investment professionals for live panel discussions on key market topics, is thrilled to announce its upcoming live webinar, “Strategic Resources for a Powered Future: Lithium, Copper & Critical Minerals.” The event will take place on September 18, 2025 at 11 AM ET (5 PM CET)…This live panel will feature leading voices from the mining and energy sectors, including…Robin E. Goad, President & CEO, Fortune Minerals Limited (TSX: FT | OTCQB: FTMDF)…As global electrification accelerates, demand for critical minerals such as lithium, copper, and cobalt continues to surge. This panel will explore how mining companies are positioning themselves within the supply chain, the challenges of securing responsible and scalable production, and the investment opportunities emerging from the transition to a low-carbon economy…Attendees will also have the opportunity to participate in a live Q&A with the panelists…To register for this exclusive live event, visit: https://globalonemedia.zoom.us/webinar/register/WN_vYePhxiISOORnGFZ3Nz8lA

 
 
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.