Greetings Betweenplayers, as you all know, I would never take a contract with a company that did not absolutely tickle me the right way, First Phosphate checks all the boxes.
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, at full ESG standard 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 total 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.
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Here’s a link to First Phosphate’s recent press release discussing their MOU with Prayon, a global leader in phosphoric acid production and technology.
We feel confident that First Phosphate is well positioned to take advantage of what can be a meteoric rise in the LFP North American battery sector.
Click here to check out First Phosphate’s world class Board, Management and Industry Partners.
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