The Investing News Network caught up with Robin Goad, president and CEO of Fortune Minerals (TSX:FT), at this year’s Cathodes conference to get more insight on the company’s NICO project and the outlook for the cobalt market.
For Goad, one of the main takeaways from Cathodes 2017 was the positive forecast for the cobalt market, “which will see a growth of at least 100 percent by 2025.”
“A lot more cobalt production will be required to supply the increasing demand, and we will see a lot more output from North America,” Goad added.
Goad also talked about the latest news about the NICO project, the reasons why the company’s share price is up more than 70 percent this year and what’s ahead for Fortune in the next few months.
Listen to the interview for more of his thoughts. The transcript will be added shortly.
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Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Fortune Minerals is a client of the Investing News Network. This article is not paid-for content.