CommodityCoverage
2日前
Yesterday, First Phosphate (PHOS.c FRSPF) announced the closing of its non-brokered private placement financing, initially targeting $1 million, for gross proceeds of $2,695,459! Notably, the funds were raised from a select group of investors, excluding traditional flow-through funds, with a company director purchasing a large portion of shares: https://firstphosphate.com/first-phosphate-closes-oversubscribed-private-placement-financing/
Strategically positioned to capitalize on the increasing global need for high-purity phosphate for LFP battery production, PHOS is extracting high-purity phosphate and integrating it directly into North America's Battery Supply chains, ensuring a secure, sustainable, and domestic supply chain for the rapidly growing LFP battery market, projected to hit $50 billion by 2028: https://www.reddit.com/r/smallstreetbets/comments/1hhezb8/first_phosphate_phosc_frspf_a_mineral_development/
CommodityCoverage
5日前
As detailed on Modo Energy, the U.S. battery market faces substantial challenges due to proposed tariffs on Chinese imports that could increase overall tariffs to 40-60% by 2026, driving up costs and reshaping supply dynamics:
As the global battery market evolves, the role of critical minerals in energy storage has never been more pivotal and phosphate stands out as a key component in the production of lithium iron phosphate (LFP) batteries. With this, First Phosphate (PHOS.c FRSPF) is strategically positioned to capitalize on the increasing global need for high-purity phosphate for LFP battery production, making it a compelling investment opportunity in the energy transition landscape. In extracting high-purity phosphate, PHOS is integrating it directly into North America's Battery Supply chains, ensuring a secure, sustainable, and domestic supply chain for the rapidly growing LFP battery market, projected to hit $50 billion by 2028: https://www.reddit.com/r/smallstreetbets/comments/1hhezb8/first_phosphate_phosc_frspf_a_mineral_development/
CommodityCoverage
1週前
Joining Steve Darling from Proactive, First Phosphate's (PHOS.c FRSPF) CEO, John Passalacqua, detailed two major milestones, the first being the signing of two long-term offtake agreements with creditworthy partners marks a pivotal step in securing the future of the company's operations in Saguenay-Lac-St-Jean, Quebec, Canada:
Second, PHOS is advancing discussions with the Pekuakamiulnuatsh First Nation regarding a potential financial partnership, following the collaboration agreement already signed between the two parties. Notably, these agreements provide a strong foundation for PHOS' future projects by reducing commercial risks and improving the potential for securing necessary financing.
CommodityCoverage
2週前
Representing a breakthrough in LFP battery technology, High Compacted Density (HCD) cathode material offers improved energy density and fast-charging capabilities by addressing the long-standing trade-off between electrode thickness and performance. HCD resolves energy density issues by using smaller particle sizes and reducing electrode porosity, enhancing ion transport for rapid charging without sacrificing energy density.
(Source: https://www.linkedin.com/posts/sam-adham_lfp-batterymaterials-batterymanufacturing-activity-7275859602355761152-ov-w/?utm_source=share&utm_medium=member_ios )
The adoption of HCD is set to transform the LFP battery market, accelerating the phase-out of older, less efficient production methods and driving market consolidation and represents a significant opportunity for First Phosphate (PHOS.c FRSPF). In extracting high-purity phosphate, PHOS is integrating it directly into North America's Battery Supply chains, ensuring a secure, sustainable, and domestic supply chain for the rapidly growing LFP battery market, projected to hit $50 billion by 2028. By leveraging the shift toward high-quality, high-efficiency cathode materials, PHOS can secure partnerships, increase profitability, and play a central role in the evolving LFP battery landscape: https://www.reddit.com/r/smallstreetbets/comments/1hhezb8/first_phosphate_phosc_frspf_a_mineral_development/
CommodityCoverage
2週前
"The energy transition is not just about lithium" - Achieving a significant milestone, First Phosphate (PHOS.c FRSPF) signed two long-term offtake agreements with reliable and creditworthy partners for its planned phosphate production in Saguenay-Lac-St-Jean, Quebec: https://x.com/semicorporate/status/1869890591791649186
In extracting high-purity phosphate, PHOS is integrating it directly into North America's Battery Supply chains, ensuring a secure, sustainable, and domestic supply chain for the rapidly growing LFP battery market, projected to hit $50 billion by 2028. Focused on vertical integration and backed by strategic partnerships, PHOS has a $170 million funding LOI and is aiming to produce 400,000 tonnes of LFP cathode material annually by 2032.
CommodityCoverage
2週前
Yesterday, First Phosphate (PHOS.c FRSPF) achieved a significant milestone by signing two long-term offtake agreements with reliable and creditworthy partners for its planned phosphate production in Saguenay-Lac-St-Jean, Quebec, de-risking its future projects and enhancing their prospective financing: https://firstphosphate.com/first-phosphate-signs-long-term-offtake-agreements-and-pursues-interest-from-financial-partner/
Additionally, PHOS is deepening its collaboration with the Pekuakamiulnuatsh First Nation, transitioning into discussions about potential financial involvement in the company. This development builds on a collaborative agreement signed in April 2024, demonstrating PHOS' commitment to fostering a respectful and mutually beneficial relationship with the First Nation.
CommodityCoverage
3週前
Joining Tracy Hughes of Investor News, John Passalacqua, CEO and Director of First Phosphate (PHOS.c FRSPF), detailed the company's latest developments and milestones, including the release of its PEA for the Begin-Lamarche Property:
Uniquely positioned as a fully integrated supplier for the North American electrification market, PHOS is delivering a mine-to-LFP cathode solution with exceptional project economics, strategic partnerships, and strong First Nations collaboration positioning them for significant growth in 2025 and beyond.
CommodityCoverage
3週前
Check out this summary of First Phosphate's (PHOS.c FRSPF) Presentation at the Precious & Critical Metals Investor Virtual Investor Conference from yesterday: https://x.com/StckMasterFlash/status/1866962589403480464
Focused on producing high-purity phosphate for the rapidly growing Lithium Iron Phosphate (LFP) battery market, PHOS is leveraging its world-class Bégin-Lamarche property in Quebec to meet North America's critical mineral needs with a vertically integrated approach, advanced processing technology, and a commitment to sustainability, enabling the production of 700,000 tonnes of LFP cathode material annually to electrify 50% of North America’s vehicle fleet while addressing the strategic supply gap for battery-grade phosphate.
CommodityCoverage
4週前
Rare Geology, Great Economics & Low Capex - First Phosphate (PHOS.c FRSPF) Overview: https://investingwhisperer.com/rare-geology-great-economics-low-capex/
Led by visionary CEO John Passalacqua, First Phosphate (PHOS.c FRSPF) is poised to revolutionize the North American phosphate industry. With a unique, high-purity igneous phosphate deposit at its Bégin-Lamarche site in Quebec, PHOS is setting itself apart as a vertically integrated player in the lithium-iron-phosphate (LFP) battery supply chain with a project that boasts $2B NPV, a 37% IRR, and capital costs of $675M, with a 23-year mine life producing both phosphate and iron oxide.
CommodityCoverage
1月前
Yesterday, First Phosphate (PHOS.c FRSPF) announced that it signed a technology license agreement a global leader in MGA phosphoric acid technology to produce Merchant Grade Phosphoric Acid: https://firstphosphate.com/first-phosphate-corp-signs-license-agreement-with-prayon-sa-global-leader-in-mga-phosphoric-acid-technology/
The agreement allows PHOS to design, build, and operate a plant in Canada with a daily production capacity of 600 metric tons of P2O5 and will enable the conversion of 500,000 tonnes of phosphate rock annually into 190,000 tonnes of phosphoric acid, advancing a circular economy approach.
CommodityCoverage
1月前
Capitalizing on a market projected to hit $50B by 2028, First Phosphate (PHOS.c FRSPF) is integrating its operations directly into the supply chains of major North American sectors in producing high-purity phosphate essential for lithium iron phosphate (LFP) batteries: https://x.com/StckMasterFlash/status/1861865148954149011
By extracting high-purity phosphate from its flagship Bégin-Lamarche property in Quebec, PHOS is ensuring a secure, sustainable, and domestic supply chain for the rapidly growing LFP battery market. With a $170 million funding LOI, PHOS is aiming to produce 400,000 tonnes of LFP cathode material annually by 2032.
CommodityCoverage
1月前
At the forefront of the electric revolution, First Phosphate (PHOS.c FRSPF) is positioning itself as a key player in producing high-purity phosphate essential for lithium iron phosphate (LFP) batteries: https://x.com/StckMasterFlash/status/1861865148954149011
By extracting high-purity phosphate from its flagship Bégin-Lamarche property in Quebec, PHOS is integrating it directly into North America's Battery Supply chains, ensuring a secure, sustainable, and domestic supply chain for the rapidly growing LFP battery market, projected to hit $50 billion by 2028. Focused on vertical integration and backed by strategic partnerships, PHOS has a $170 million funding LOI and is aiming to produce 400,000 tonnes of LFP cathode material annually by 2032.