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Contribution: Critical Mineral Research, Development and Demonstration Program

FORTUNE MINERALS LIMITED

$714,500.00

COBALT SULPHATE PROCESS PILOT

FY 2023-24 · 2023-11-28

Summary
The purpose of this agreement is to support the development of Canadian critical minerals value chains.
Program
Critical Mineral Research, Development and Demonstration Program
Location
LONDON | LONDON, Ontario, Canada
Recipient Type
For-profit organization
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Additional Information
Grant or contribution awarded and spanning more than one fiscal year.
Additional Information (French)
Subvention ou contribution octroyée s'appliquant à plus d'un exercice financier.
Agreement End Date
2025-03-31
Agreement Number
CMRDD2023-FM
Agreement Start Date
2023-11-28
Agreement Title
COBALT SULPHATE PROCESS PILOT
Agreement Title (French)
PROCÉDÉ PILOTE DE SULFATE DE COBALT
Agreement Type
Contribution
Agreement Value
$714,500.00
Amendment Number
0
Description
The purpose of this agreement is to support the development of Canadian critical minerals value chains.
Description (French)
L'objectif de cette entente est de soutenir le développement des chaînes de valeur canadiennes des minéraux critiques.
Expected Results
The expected results are to advance the commercial readiness of emerging processing technologies that will support the development of zero emission vehicle value chains in Canada.
Expected Results (French)
Les résultats attendus sont d'accélérer l'arrivée en phase commerciale de technologies de traitement de minerais émergentes qui soutiendront la création de chaînes de valeur pour les véhicules à émission zéro au Canada.
Foreign Currency Type
CAD
Foreign Currency Value
$0.00
Organization Code
nrcan-rncan
Organization
Natural Resources Canada | Ressources naturelles Canada
Program Name
Critical Mineral Research, Development and Demonstration Program
Program Name (French)
Programme de recherche, développement et démonstration pour minéraux critiques
Program Purpose
The Program's objective is to to establish a Critical Minerals Centre of Excellence and to conduct targeted research and development for critical minerals. This will contribute to developing pilot plants and organizing a prize challenge to address specific technological challenges to bring critical minerals toward pre-commercialization in Canada.
Program Purpose (French)
L'objectif du programme est d'établir un centre d'excellence sur les minéraux critiques et de mener des recherches et développements ciblés sur les minéraux critiques. Cela contribuera au développement d'usines pilotes et à l'organisation d'un concours de prix pour relever des défis technologiques spécifiques afin d'amener les minéraux critiques vers la précommercialisation au Canada.
Recipient City
LONDON | LONDON
Recipient Country
CA
Recipient Legal Name
FORTUNE MINERALS LIMITED
Recipient Postal Code
N6A 3R6
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
115-2023-2024-Q3-14344