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Cobalt & Bismuth
Reuters • March 27, 2026 • 7:30 AM
Democratic Republic of Congo's President Felix Tshisekedi and Chinese President Xi Jinping attend a welcoming ceremony at the Great Hall of ...

Democratic Republic of Congo and China have signed a deal to deepen cooperation in the African nation's mining sector, Congo's government said, as ‌global powers jockey for influence in the strategically important minerals powerhouse…Congo is the world's leading producer of cobalt and holds vast reserves of copper, lithium, coltan and other battery metals. Chinese companies led by top cobalt miner CMOC , Zijin and Huayou already dominate its mining sector. And Beijing is also Congo's biggest bilateral creditor…However, the United States and other countries seeking supplies of the minerals needed for electric vehicle manufacturing and the energy transition are also courting Kinshasa…The new agreement sets out cooperation on geological data sharing, investment protection and the promotion of local processing of raw materials in Congo, according to the Congolese government statement published late on Thursday…It also includes a monitoring mechanism to ensure projects comply with Congolese law and are implemented in a stable and transparent investment environment…The Trump administration signed a strategic partnership with Congo in December to boost Western investment, redirect its mineral supplies and reduce China's dominance in critical minerals mining and processing…But as Beijing and Washington compete globally for resources, the Congolese government, which is seeking to capitalise on the country's vast reserves of critical minerals, is not picking sides.

Reuters • March 27, 2026 • 7:40 PM
A block with the symbol, atomic number and mass number of Lithium (Li) element, in this illustration taken January 21, 2026. REUTERS/Dado ...

The U.S. on Friday issued new, Venezuela-related general licenses for critical mineral investment and operations, according to the U.S. Treasury Department…The licenses authorize "the supply of certain items and services for minerals operations" and "negotiations of and entry into contingent contracts for certain investment ‌in Venezuela's minerals sector," according to the Treasury Department website.

Fastmarkets • March 27, 2026 • 1:18 PM
Fastmarkets proposes to launch fortnightly bismuth and indium prices on a DDP US basis on Friday May 1. Market participants have expressed ...

Market participants have expressed support for localized US pricing in response to Section 301 tariffs, export controls and increased US government funding to support domestic and allied supply chains. These assessments would complement Fastmarkets’ existing benchmarks in Europe and China and reflect the growing regionalization of the critical minerals markets.

Fortune Minerals Related
The Financial Post • March 30, 2026 • 12:28 PM
Canada’s sudden focus on the Arctic’s security and natural resources has come at the right moment for the Northwest Territories. Read here

Canada’s sudden focus on the Arctic’s security and natural resources has come at the right moment for Premier R.J. Simpson and the Northwest Territories…The far northern region of about 45,000 people is losing its traditional important economic engines at a rapid clip. Diamond mining, the largest segment of the economy, is in decline with Rio Tinto Group closing its Diavik diamond mine this month and Burgundy Diamond Mines Ltd. laying off several hundred workers after halting part of its Ekati operations last year. Oil production is also set to end with Imperial Oil Ltd. announcing plans to shutter its century-old Norman Wells operation later this year…That attitude has changed under Carney, he said. The change in government has seen renewed engagement on streamlining regulations and increasing spending on infrastructure…“The focus on the Arctic and Arctic security has shifted Canada’s eyes northward,” he said. “The announcements from the federal government have really got industry looking at us as well.”…Beyond hydrocarbons, new mining opportunities are opening up to replace diamonds in the rush to secure resources critical for military needs and electronics.

 

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.
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