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NICO Project Access Road and Hydrometallurgical Facility Development

Sector: Metal • Location: Near Yellowknife and Lamont County, Northwest Territories and Alberta, Canada

Source: Business Wire

Project
Planned

Fortune Minerals Limited and the Tłıchǫ Government are forming a joint venture to develop an access road to the NICO cobalt-gold-bismuth-copper mine and concentrator in the Northwest Territories. They have applied for up to $50 million from the Critical Minerals Infrastructure Fund to support the construction of this spur road. Additionally, Fortune plans to develop a hydrometallurgical facility i

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The project “NICO Project Access Road and Hydrometallurgical Facility Development” is an infrastructure initiative in the Metal sector, located in Near Yellowknife and Lamont County, Northwest Territories and Alberta, Canada. Taiyo aggregates data on it from Business Wire.

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Description

Description

Fortune Minerals Limited and the Tłıchǫ Government are forming a joint venture to develop an access road to the NICO cobalt-gold-bismuth-copper mine and concentrator in the Northwest Territories. They have applied for up to $50 million from the Critical Minerals Infrastructure Fund to support the construction of this spur road. Additionally, Fortune plans to develop a hydrometallurgical facility in Alberta to produce high-purity bismuth, cobalt, copper, and gold products. The project aims to create a vertically integrated North American supply of critical minerals.

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