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Cobalt & Bismuth
Reuters • August 03, 2026 • 12:26 PM
U.S. President Donald Trump gestures as he holds an umbrella after disembarking Air Force One at Joint Base Andrews, in Maryland, U.S., ...

President Donald Trump is expected to attend a roundtable on Friday with top mining executives hosted by the U.S. ‌State Department, according to two people familiar with the planning…The event is part of the Trump administration's broader efforts to expand domestic and allied supplies of critical minerals needed for energy, defense and advanced technologies. The agenda, participants and other details remain fluid and could change, according to the sources…The administration has made securing critical minerals supply chains a priority, taking steps to boost domestic production and processing, reduce reliance on China and strengthen partnerships with allies…It has argued that expanding the sector will require not only investment in mines and processing facilities but also a larger pipeline of skilled workers, including engineers, geologists, miners and technicians, as companies face a shortage of talent needed to support future projects.

Reuters • July 20, 2026 • 3:44 PM
Companies Boeing Co Follow General Electric Co Follow Lockheed Martin Corp Follow Show more companies WASHINGTON, July 20 (Reuters) - ...

President Donald Trump on Monday signed an executive order making it harder for U.S. defense contractors to obtain waivers allowing them to buy critical minerals and other materials from China and other prohibited foreign suppliers, the administration's latest effort to reduce reliance on overseas supply chains for weapons production…The new rules mean defense contractors will have to do more than simply show that a Chinese supplier is the easiest or cheapest option. Companies seeking a waiver will need to prove they searched for alternatives, disclose the origins of their materials and provide a plan to reduce reliance on prohibited suppliers…The Pentagon has been pushing defense contractors like Lockheed Martin  and Boeing  to rapidly expand weapons ‌production while trying to identify and eliminate vulnerabilities buried deep inside the military supply chain…Many critical minerals and processed materials used in missiles, aircraft and other advanced systems still rely on Chinese suppliers, leaving companies caught between demands to reduce dependence on Beijing and the urgent need to keep weapons flowing to U.S. forces and allies…China has gradually restricted access to critical minerals and used supply chains as leverage…The order directs the Pentagon to map those lower tiers of the industrial base, giving officials a clearer view of where critical minerals, components and other materials originate and whether foreign-controlled suppliers could threaten weapons production during a conflict.

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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