First Phosphate Corp. (CSE: PHOS, OTC: FRSPF, FSE: KD0) highlighted the significant results of the Bégin-Lamarche PEA, including an NPV of CAD 2.1 billion and a strong IRR. Additionally, First Phosphate emphasized its use of advanced phosphoric acid technology and strategic partnerships to enhance its value chain and strengthen its competitive position in the rapidly growing LFP battery industry. This time, we are glad to invite John Passalacqua again, the CEO, and Director of First Phosphate, to elaborate on the company’s progress.
About First Phosphate Corp.
First Phosphate is a mineral development company fully dedicated to extracting and purifying phosphate for the production of cathode active material for the Lithium Iron Phosphate (“LFP”) battery industry. First Phosphate is committed to producing at high purity level, in responsible manner and with low anticipated carbon footprint. First Phosphate plans to vertically integrate from mine source directly into the supply chains of major North American LFP battery producers that require battery grade LFP cathode active material emanating from a consistent and secure supply source. First Phosphate holds over 1,500 sq. km of royalty-free district-scale land claims in the Saguenay–Lac-St-Jean Region of Quebec, Canada that it is actively developing. First Phosphate properties consist of rare anorthosite igneous phosphate rock that generally yields high purity phosphate material devoid of high concentrations of harmful elements.
For more information, please visit their website.
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