First Phosphate Corporation (QB) (FRSPF) Share Price

First Phosphate (PHOS.c FRSPF) has filed the PEA Technical Report for its Bégin-Lamarche Phosphate Project in Quebec. The PEA confirms a $1.59B after-tax NPV, 33% IRR, and 2.9-year payback period, supporting North America’s LFP battery sector. With no royalties and key infrastructure access, PHOS moves toward permitting. Full news: https://firstphosphate.com/first-phosphate-announces-filing-of-pea-technical-report-for-the-begin-lamarche-phosphate-project-saguenay-lac-saint-jean-quebec-canada/

*Posted on behalf of First Phosphate Corp.

Could U.S. tariffs on critical minerals actually be an opportunity for Canada? First Phosphate's (PHOS.c FRSPF) CEO explores how these trade policies could accelerate investment in the country’s resource sector, streamline approvals, and boost domestic production: https://x.com/StckMasterFlash/status/1886893441361306102

With exclusive access to a one-of-a-kind phosphate resource in Quebec, PHOS is strategically positioned to shape North America's LFP battery supply chain as a fully integrated supplier.

While US tariffs may be detrimental to Canadian consumers, they have put a huge emphasis on Canada's need to streamline project approvals and reinvest in domestic resources, as detailed by First Phosphate's (PHOS.c FRSPF) CEO in this latest interview: https://x.com/StckMasterFlash/status/1886893441361306102

Canada’s control over essential materials, such as phosphate, strengthens its position in trade discussions with the US and, with exclusive access to the Bégin-Lamarche Project, PHOS is uniquely positioned to capitalize in establishing a North American supply chain for lithium iron phosphate (LFP) battery components.

The project is one of the world's purest igneous phosphate resources and boasts a pre-tax 37.1% IRR and $2.1 billion NPV. In building a 10,000-tonne-per-year iron phosphate plant in the same region, PHOS is positioned itself as a fully integrated supplier for LFP battery production.

Joining Proactive, First Phosphate's (PHOS.c FRSPF) CEO detailed the company's unique advantage in Quebec amid the threat of US tariffs which are expected to accelerate investment in Canada’s critical mineral sector, prompting government action on infrastructure and job creation :

With exclusive access to the Bégin-Lamarche Project which boasts a pre-tax 37.1% IRR and $2.1 billion NPV and in building a 10,000-tonne-per-year iron phosphate plant , PHOS holds a strategic advantage in developing a North American supply chain for phosphate and as a fully integrated supplier for LFP battery production: https://www.reddit.com/r/wallstreetsmallcaps/comments/1i0twzf/first_phosphate_phosc_frspf_ceo_discusses_the/

With tariffs spurring cutting 'corporate taxes, redtape and supporting major job creation projects in Canada', tariffs on foreign LFP battery materials will be a major catalyst for First Phosphate (PHOS.c FRSPF), positioning it as a key North American supplier in a protected market: https://www.linkedin.com/feed/update/urn:li:activity:7291886150904926208/

Capitalizing on a unique opportunity to establish a North American supply chain for lithium iron phosphate (LFP) battery components, PHOS is developing one of the world's purest igneous phosphate resources, the Bégin-Lamarche Project in Quebec which boasts a pre-tax 37.1% IRR and $2.1 billion NPV.

Notably, this fully integrated mine-to-LFP CAM supply chain in Quebec is set to benefit from strong institutional and policy backing. At full capacity, the project could create up to 3,000 direct jobs, aligning with national interests in securing a domestic battery supply chain. More info: https://www.reddit.com/r/wallstreetsmallcaps/comments/1i0twzf/first_phosphate_phosc_frspf_ceo_discusses_the/

With insiders owning 30% and continuing to buy, First Phosphate's (PHOS.c FRSPF) leadership is clearly aligned with shareholder interests, demonstrating a commitment to executing their vision and confidence in their long-term potential: https://x.com/StckMasterFlash/status/1885056124233158942

As PHOS progresses toward building a fully integrated phosphate-to-LFP supply chain, the growing demand for purified phosphoric acid in LFP battery production presents a significant market opportunity, especially as China dominates the sector and is considering export restrictions on LFP battery technology. With North America lacking sufficient domestic phosphate supply, PHOS is uniquely positioned with its high-purity phosphate deposit in Québec, already valued at $2.1 billion with a 37% IRR in its PEA.

Insiders are continuing to buy as First Phosphate (PHOS.c FRSPF) executes on establishing a fully integrated phosphate-to-LFP supply chain in North America by developing one of the world's purest phosphate resources: https://x.com/semicorporate/status/1884949486197223819

In a recent interview with Commodity Culture, PHOS' CEO detailed the trends in the phosphate market and the company's strong position in the lithium iron phosphate (LFP) battery industry in advancing a fully integrated approach to clean energy materials. Backed by an impressive pre-tax 37.1% IRR and $2.1 billion NPV as outlined in its recent PEA, PHOS offers a pivotal solution to reduce North America’s reliance on imports and accelerate sustainable electrification: https://x.com/StckMasterFlash/status/1884696956938637764

Resource Wars and the Importance of Onshoring Phosphate Production - Jesse Day of Commodity Culture interviewed John Pasqualucci, CEO of First Phosphate's (PHOS.c FRSPF), about trends in the phosphate market and the company's role in the lithium iron phosphate (LFP) battery industry:

Aiming to establish a fully integrated phosphate-to-LFP supply chain in North America, PHOS is strongly positioned as a key player in the energy transition, advancing a fully integrated approach to clean energy materials. Backed by an impressive pre-tax 37.1% IRR and $2.1 billion NPV as outlined in its recent PEA, PHOS offers a pivotal solution to reduce North America’s reliance on imports and accelerate sustainable electrification.

First Phosphate (PHOS.c FRSPF) is seizing a critical opportunity in the energy transition by developing one of the world’s purest igneous phosphate resources at its Bégin-Lamarche Project in Quebec: https://x.com/StckMasterFlash/status/1883989105190789331
 
With demand for purified phosphoric acid projected to rise by 2.5 million tonnes by 2030, PHOS is uniquely positioned to establish a North American supply chain for lithium iron phosphate (LFP) battery components. Backed by an impressive pre-tax 37.1% IRR and $2.1 billion NPV as outlined in its recent PEA, the project aligns with the growing need for safer, greener, and cost-effective energy solutions.
 
Strategically located in Quebec’s Saguenay–Lac-Saint-Jean region, the project benefits from world-class resources, strong infrastructure, and community support. By directly producing purified phosphoric acid for LFP cathodes, PHOS is advancing a fully integrated approach to clean energy materials, offering a pivotal solution to reduce North America’s reliance on imports and accelerate sustainable electrification.

Phosphate, specifically in the form of purified phosphoric acid, plays a crucial role in the energy transition as a key material for batteries and other technologies. According to Benchmark Mineral Intelligence, global demand for purified phosphoric acid is projected to rise from 6.5 million tonnes in 2024 to 9 million tonnes by 2030, an increase of 2.5 million tonnes. Meeting this demand would require the development of 33 new production plants worldwide. (Source: https://www.visualcapitalist.com/how-many-new-mines-are-needed-for-the-energy-transition/#google_vignette) 

Capitalizing on a unique opportunity to establish a North American supply chain for lithium iron phosphate (LFP) battery components, PHOS is developing one of the world's purest igneous phosphate resources, the Bégin-Lamarche Project: https://x.com/StckMasterFlash/status/1882543992144838798 

Boasting a pre-tax 37.1% IRR and $2.1 billion NPV as detailed in a recent PEA, PHOS is leveraging world-class resources and technological innovation to establish itself as a cornerstone of North America’s clean energy future as the demand for safer, greener, and cost-effective energy solutions grows.

How Phosphate Is Reshaping the Future of Electric Cars - Advancing a uniquely integrated approach to clean energy materials, First Phosphate (PHOS.c FRSPF) is uniquely positioned to lead the North American supply chain for Lithium Iron Phosphate (LFP) Batteries with its Begin-Lamarche Phosphate Project: https://x.com/StckMasterFlash/status/1882543992144838798
 
Boasting a pre-tax 37.1% IRR and $2.1 billion NPV as detailed in a recent PEA, PHOS is leveraging world-class resources and technological innovation to establish itself as a cornerstone of North America’s clean energy future as the demand for safer, greener, and cost-effective energy solutions grows.

As demand for safer, greener, and cost-effective energy solutions grows, Lithium Iron Phosphate (LFP) batteries are revolutionizing the EV and energy storage markets with their safety, longevity, and cost advantages and First Phosphate's (PHOS.c FRSPF) is uniquely positioned to lead the North American supply chain, as detailed in part two of this interview series:

Advancing a uniquely integrated approach to clean energy materials, PHOS is leveraging world-class resources and technological innovation to establish itself as a cornerstone of North America’s clean energy future through its Begin-Lamarche Phosphate Project which boasts a recently filed Preliminary Economic Assessment (PEA) highlighting a robust pre-tax 37.1% IRR and $2.1 billion NPV.

Indicating alignment between management and investors, insider buying from the First Phosphate (PHOS.c FRSPF) team signals strong confidence in the company’s future prospects and financial health, reflecting the company's belief in their strategic direction, growth potential, and ability to create shareholder value: https://x.com/StckMasterFlash/status/1882148295558214013 

Offering a unique opportunity to establish a North American supply chain for lithium iron phosphate (LFP) battery components, PHOS' Bégin-Lamarche project is one of the world's purest igneous phosphate resources with a recently filed Preliminary Economic Assessment (PEA) highlighting a robust 37.1% IRR and $2.1 billion NPV: https://x.com/StckMasterFlash/status/1881449895770693906

Insightful interview with First Phosphate's (PHOS.c FRSPF) CEO regarding how the company is uniquely positioned to lead the North American LFP battery supply chain with its Begin-Lamarche Phosphate Project. With a recently filed Preliminary Economic Assessment (PEA) highlighting a robust 37.1% IRR and $2.1 billion NPV, PHOS offers a compelling opportunity to support sustainable electrification while reducing reliance on Chinese production:  https://x.com/StckMasterFlash/status/1881449895770693906 

As demand for safer, greener, and cost-effective energy solutions grows, Lithium Iron Phosphate (LFP) batteries are revolutionizing the EV and energy storage markets with their safety, longevity, and cost advantages. Excelling in high-capacity applications, LFP batteries have a lifespan exceeding 2 million miles, and are widely adopted by automakers like Tesla and BYD for their city-focused vehicles and electric buses.

Today, First Phosphate (PHOS.c FRSPF) announced the filing of its Preliminary Economic Assessment Technical Report on the Begin-Lamarche Phosphate Project, located in Quebec, Canada: https://firstphosphate.com/first-phosphate-announces-filing-of-pea-technical-report-for-the-begin-lamarche-phosphate-project-saguenay-lac-saint-jean-quebec-canada/

With a 37.1% IRR and $2.1 billion NPV, the PEA provides a potentially viable case for developing the property by open pit mining for the primary production of a phosphate concentrate and secondary recovery of magnetite concentrate.

With global demand for lithium iron phosphate (LFP) batteries projected to grow from $17.6B to $23.5B by 2034, Electric Vehicles (EVs) have cementing their place as the future of transportation with LFP batteries central to their growth and First Phosphate (PHOS.c FRSPF) is uniquely positioned to capitalize on this trend as the owner of the Bégin-Lamarche mine, a critical source of high-purity phosphate for LFP batteries, as detailed in the latest Emerging Market Report: https://emergingmarketsconsulting.com/investing-in-the-future-01-15-2025/

Standing out with vertically integrated operations to mine, process, and produce phosphate, iron, and titanium, PHOS' operations are supported by proximity to infrastructure like the Saguenay Deep Sea Port and clean hydroelectric power which provide stability and enhance profit margins.

A new report on First Phosphate Corp. (PHOS.c FRSPF), released today, highlights the company’s goal to produce high-purity phosphate in Quebec, a critical material for LFP batteries used in the EV market, which is projected to grow to $23.5B by 2034. Full report here⬇️
https://emergingmarketsconsulting.com/first-phosphate/

Posted on behalf of First Phosphate Corp.

As validated in two critical research reports released earlier this week through collaborative research by Queen's University and the University of Quebec Chicoutimi, First Phosphate (PHOS.c FRSPF) has proven its potential to produce purified phosphoric acid for Lithium Iron Phosphate (LFP) batteries at its Bégin-Lamarche phosphate deposit in Quebec: https://x.com/StckMasterFlash/status/1878904950190665864

As North America grapples with geopolitical pressures, including restrictions on Chinese exports and CATL concerns, the need for local, high-quality sources of critical materials has never been greate and, with the Bégin-Lamarche deposit representing 1% of global phosphate reserves, PHOS is positioned as a crucial player in securing a sustainable, domestic supply chain for LFP battery production. Notably, the reports findings emphasize the deposit’s high purity, low environmental impact, and suitability for ESG-compliant phosphoric acid production, showcasing impressive recovery rates, low toxic trace elements, and by-products like ilmenite and magnetite, which enhance its commercial value.

First Phosphate (PHOS.c FRSPF) CEO John Passalacqua discussed new research on their Bégin-Lamarche Phosphate Deposit, its potential for LFP battery material production, and North America's need for localized supply chains amid geopolitical tensions and proposed Chinese export bans on critical battery materials. Full interview here:
*Posted on behalf of First Phosphate Corp

Joining Proactive, First Phosphate's (PHOS.c FRSPF) CEO highlighted the release of two critical research reports on its Bégin-Lamarche igneous phosphate deposit, alongside North America's role in the market amid CATL concerns and wider geopolitical tensions:

Notably, the two reports emphasize that these properties position the Bégin-Lamarche deposit as a high-quality, ESG-compliant North American phosphate source for the LFP battery industry. PHOS' believes that Quebec igneous anorthosite phosphate rock is an untapped source of high purity phosphate which can potentially be mined and transformed into large quantities of PPA to service North America's need for LFP batteries: https://x.com/StckMasterFlash/status/1877812044834975791

Today, First Phosphate (PHOS.c FRSPF) unveiled two critical research reports relating to the geological characterization of its Three Begin-Lamarche Phosphate Zones, located as part of the 1.14 Ga Lac-Saint-Jean Anorthositic (LSJA) Suite, Québec, which is the largest anorthosite complex in the world: https://firstphosphate.com/first-phosphate-reports-university-research-reports-relating-to-the-geological-characterization-of-its-three-begin-lamarche-phosphate-zones/

Notably, the two reports emphasize that these properties position the Bégin-Lamarche deposit as a high-quality, ESG-compliant North American phosphate source for the LFP battery industry. PHOS' believes that Quebec igneous anorthosite phosphate rock is an untapped source of high purity phosphate which can potentially be mined and transformed into large quantities of PPA to service North America's need for LFP batteries.

First Phosphate's (PHOS.c FRSPF) CEO discusses how recent developments, including the U.S. Department of Defense's blacklist of CATL and China's proposed export restrictions on LFP battery technology, highlight the urgent need for resilient North American supply chains in the critical battery sector.

PHOS is strategically advancing its fully integrated phosphate mining-to-LFP production model, positioning itself as a key player in the shift away from reliance on Chinese suppliers. Recent insider buying, including purchases by the CEO, underscores strong internal confidence in the company's potential to meet rising demand for non-Chinese sources of battery-grade materials. More here⬇️
https://www.reddit.com/r/Wealthsimple_Penny/comments/1hx08t7/interview_summary_first_phosphate_corp_phosc/

First Phosphate Corp. (PHOS.c FRSPF) CEO John Passalacqua discussed the Pentagon’s addition of CATL to its "1260H list," stressing the need for North American LFP battery supply chains.

PHOS is advancing phosphate mining and purification to reduce reliance on China. + Recent insider buying signals confidence.

*Posted on behalf of First Phosphate Corp.

Recent insider activity at First Phosphate Corp. ($PHOS) highlights growing confidence in the company’s future, with CEO John Passalacqua acquiring over 240,000 shares across January 6-7, 2025, and Director Peter Nicholson adding 64,000 shares. These purchases come as PHOS solidifies its leadership in developing a North American supply chain for lithium iron phosphate (LFP) technology, a key material for battery production: https://x.com/StckMasterFlash/status/1876749596871024947  

As China has proposed an export ban on LFP processing technologies, escalating global trade tensions and underscoring the West's reliance on critical materials, LFP technology is now at the center of geopolitical discussions, elevating its importance alongside defense and semiconductors. PHOS long-term strategy to address this need aligns perfectly with Western priorities for localized and self-reliant supply chains, positioning them as a leader in this space, as the company accelerates its efforts to meet rising demand and capitalize on this critical moment in the energy transition.

First Phosphate (PHOS.c FRSPF) is up 14% today on high volume following news of China’s proposed export restrictions on LFP battery materials and heightened U.S. scrutiny of Chinese suppliers like CATL.
With a $1.59B after-tax NPV project and 2026 production target, PHOS is positioned to secure North America’s phosphate supply chain.
https://www.cnn.com/2025/01/07/tech/tencent-catl-us-list-china-military-companies-intl-hnk

*Posted on behalf of First Phosphate Corp.

Joining Proactive's Steve Darling, PHOS CEO detailed the company's prioritization of building a supply chain for lithium iron phosphate (LFP) technology, recognizing its strategic importance to the West & its operation on an accelerated timeline from the outset to address this need:

For more information on the implications of China's export ban on battery cathode & lithium processing tech as well as PHOS' position in the market, refer to this deep dive: https://x.com/StckMasterFlash/status/1876324964057718987

First Phosphate (PHOS.c FRSPF) aims to supply high-purity phosphate for LFP batteries amid China’s proposed export ban on battery tech. Its $1.59B NPV Bégin-Lamarche project and 10,000 Tonne Saguenay plant, targeting 2026 production, position it to meet rising U.S. EV material sourcing needs.
More: https://www.linkedin.com/feed/update/urn:li:activity:7281544887995363328/
*Posted on behalf of First Phosphate Corp.

China's proposed export restrictions on phosphate-based cathode precursor technologies is expected to significantly disrupt global supply chains. With strict controls on high-density, high-efficiency materials critical to Lithium Iron Phosphate (LFP) batteries, the cost of phosphate-based cathodes is expected to soar and few players outside China will have the expertise or infrastructure to replicate these advanced processes. (Source: https://news.metal.com/newscontent/103121013/China-proposes-export-ban-on-battery-and-lithium-processing-technology-%E2%80%94-here-are-the-specifics)

As a result, North America must establish domestic production capabilities for LFP cathode active materials (CAM) to ensure supply chain resilience and First Phosphate (PHOS.c FRSPF) is uniquely positioned to capitalize with its focus on producing and refining high-purity phosphate specifically for LFP battery cathodes for a localized supply chain for North America: https://www.reddit.com/r/Wallstreetbetsnew/comments/1hs946a/first_phosphate_phosc_or_frspf_reports_positive/

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/

PHOS.c is trading up 10% on 4x its average volume today after announcing the closing of its oversubscribed private placement financing, raising $2.7 million—well above its initial $1 million target—to support ongoing development of its Bégin-Lamarche Property in Quebec.

The property is positioned to supply high-purity phosphate concentrate for the LFP battery industry, with a PEA already completed and pre-feasibility work nearing completion. Full news here: https://firstphosphate.com/first-phosphate-closes-oversubscribed-private-placement-financing

*Posted on behalf of First Phosphate Corp.

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/

First Phosphate (PHOS.c FRSPF) is achieving significant milestones in Quebec's Saguenay-Lac-St-Jean region with two major breakthroughs: the signing of long-term offtake agreements with creditworthy partners and a growing partnership with the Pekuakamiulnuatsh First Nation: https://x.com/StckMasterFlash/status/1872748786272919723

These agreements underscore PHOS' commitment to advancing its phosphate production while fostering strong, mutually beneficial relationships with Indigenous communities. With a focus on community integration, local economic benefits, and resource quality highlighted by its Preliminary Economic Assessment, PHOS is setting the stage for feasibility studies and long-term growth.

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.

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/

"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.

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.

First Phosphate (PHOS.c FRSPF) is up 10% today on above-average volume after announcing the signing of two long-term offtake agreements with creditworthy partners for its future phosphate production in Saguenay-Lac-St-Jean, Quebec.

These agreements are expected to de-risk the company's projects and enhance their financing prospects. Full news here⬇️
https://firstphosphate.com/first-phosphate-signs-long-term-offtake-agreements-and-pursues-interest-from-financial-partner/

*Posted on behalf of First Phosphate Corp.

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.

Highlights from First Phosphate's (CSE: PHOS) Bégin-Lamarche PEA include:
- After-tax NPV of $1.59B
- 33% IRR
- 2.9-year payback
- Annual output: 900K tonnes of phosphate (40% P2O5) & 380K tonnes of magnetite
https://firstphosphate.com/first-phosphate-announces-positive-results-of-preliminary-economic-assessment-at-its-begin-lamarche-property-in-saguenay-lac-saint-jean-quebec-canada/

*Posted on behalf of First Phosphate Corp.

First Phosphate (PHOS.c, FRSPF) is advancing high-purity phosphate assets in Quebec for the lithium iron phosphate (LFP) battery market, crucial for EVs & energy storage.

PHOS' Bégin-Lamarche Deposit has a $2.1B NPV & strategic infrastructure advantages. Full presentation breakdown here⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1hdrleo/presentation_summary_first_phosphate_phosc_frspf/

As highlighted in its recent Virtual Investor Conference presentation, First Phosphate (PHOS.c, FRSPF, FD0, KD0.f) is advancing its $2.1B NPV phosphate project and leased LFP Plant to meet North America’s growing demand for lithium iron phosphate (LFP) batteries.

*Posted on behalf of First Phosphate Corp.

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.

First Phosphate (PHOS.c FRSPF) Presentation Summary from the Precious & Critical Metals Investor Virtual Investor Conference: https://x.com/StckMasterFlash/status/1866962589403480464

Focused on high-purity phosphate for the Lithium Iron Phosphate (LFP) battery market, PHOS aims to extract and purify phosphate from its Begin-Lamarche Project, specifically for LFP battery cathodes, addressing North America's growing demand for domestically sourced materials.

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.

Positioned at the forefront of North America's $50B Lithium Iron Phosphate (LFP) battery industry, First Phosphate (PHOS.c FRSPF) will be presenting at the Precious Metals and Critical Metals Virtual Conference on Wednesday, December 11th at 12:00PM EST: https://www.globenewswire.com/news-release/2024/12/09/2994019/0/en/Precious-Metals-Critical-Materials-Virtual-Investor-Conference-Agenda-Announced-for-December-10th-and-11th.html

Notably, PHOS released the Preliminary Economic Assessment (PEA) for its Bégin-Lamarche Property last week, providing a potentially viable case for developing the property by open pit mining for the primary production of phosphate concentrate and secondary bi-product recovery of magnetite concentrate with a $1.59B after-tax NPV: https://x.com/StckMasterFlash/status/1864436190197502301

Strengthening its position in North America's $50B Lithium Iron Phosphate (LFP) battery industry, First Phosphate's (PHOS.c FRSPF) Preliminary Economic Assessment (PEA) for its Bégin-Lamarche Property provides a potentially viable case for developing the property by open pit mining for the primary production of phosphate concentrate and secondary bi-product recovery of magnetite concentrate with a $1.59B after-tax NPV: https://x.com/StckMasterFlash/status/1864436190197502301

With a 23-year mine life, $1.59B after-tax NPV and pivotal role in North America's $50B Lithium Iron Phosphate (LFP) battery industry, First Phosphate (PHOS.c FRSPF) unveiled the Preliminary Economic Assessment (PEA) for its Bégin-Lamarche Property yesterday: https://x.com/StckMasterFlash/status/1864436190197502301

Notably, this provides a potentially viable case for developing the property by open pit mining for the primary production of phosphate concentrate and secondary bi-product recovery of magnetite concentrate.

Today, First Phosphate (PHOS.c FRSPF) announced positive results from the Preliminary Economic Assessment (PEA) for its Bégin-Lamarche Property, providing a potentially viable case for developing the property by open pit mining for the primary production of phosphate concentrate and secondary bi-product recovery of magnetite concentrate: https://firstphosphate.com/first-phosphate-announces-positive-results-of-preliminary-economic-assessment-at-its-begin-lamarche-property-in-saguenay-lac-saint-jean-quebec-canada/

Key highlights include a 23-year mine life with an annual production of 900,000 tonnes of phosphate concentrate (40% P2O5) and 380,000 tonnes of magnetite (92% Fe2O3). The project offers robust financial metrics with a pre-tax IRR of 37.1% and NPV of $2.1 billion and an after-tax IRR of 33.0% and NPV of $1.59 billion (8% discount rate).

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.

Today, First Phosphate (PHOS.c FRSPF) secured a license for advanced MGA phosphoric acid tech, positioning it to convert 500,000 tonnes of mined apatite into 190,000 tonnes of phosphoric acid annually & support North America's LFP battery supply chain.
https://firstphosphate.com/first-phosphate-corp-signs-license-agreement-with-prayon-sa-global-leader-in-mga-phosphoric-acid-technology/

*Posted on behalf of First Phosphate Corp.