# Fortune Minerals

**Source:** https://www.startuphub.ai/startups/fortune-minerals
**Profile type:** Startup

> A critical minerals company focused on developing the NICO cobalt-gold-bismuth-copper mine.

## About

Fortune Minerals Limited is a Canadian mineral development company focused on advancing its NICO cobalt-gold-bismuth-copper project in the Northwest Territories of Canada. The company is also involved in the development of a bismuth-antimony-tellurium alloy for advanced applications and a vertically integrated lithium-ion battery cathode material manufacturing business. Fortune is actively seeking government support for critical minerals development and supply chain diversification.

## Key facts

- **Slug:** fortune-minerals
- **Website:** https://www.fortuneminerals.com/
- **Location:** London, Ontario, Canada
- **Founded:** 1988-01-01 00:00:00
- **Employees:** 16
- **Operating status:** Active
- **Total funding:** $22M
- **Sectors / tags:** Mining, Critical Minerals, Materials, Cobalt, Gold, Bismuth, Copper, Mineral Development, Hydrometallurgy, Battery Materials, Energy Transition, Advanced Manufacturing, Defense Applications
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/fortune-minerals-limited/
  - Twitter: https://x.com/FortuneMineral

## Frequently asked

### What does Fortune Minerals do?

Fortune Minerals Limited is a Canadian mineral development company focused on advancing its NICO cobalt-gold-bismuth-copper project in the Northwest Territories of Canada. The company is also involved in the development of a bismuth-antimony-tellurium alloy for advanced applications and a vertically integrated lithium-ion battery cathode material manufacturing business. Fortune is actively seeking government support for critical minerals development and supply chain diversification.

### What is Fortune Minerals's valuation?

StartupHub estimates Fortune Minerals's effective valuation at $757.0M (range $529.9M to $984.1M, 32% confidence), based on comparable companies in the sector.

### How much funding has Fortune Minerals raised?

Fortune Minerals has raised a total of $22M in funding. The most recent round on record is Government Funding.

### Where is Fortune Minerals headquartered?

Fortune Minerals is headquartered in London, Ontario, Canada.

### When was Fortune Minerals founded?

Fortune Minerals was founded in 1988.

### What industry does Fortune Minerals operate in?

Fortune Minerals operates in Mining, Critical Minerals, Materials, Cobalt, Gold, Bismuth.

### How many employees does Fortune Minerals have?

Fortune Minerals has approximately 16 people on record.

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