In a recent interview between Tracy Weslosky of InvestorIntel and John Passalacqua, CEO and Director of First Phosphate Corp. (CSE: PHOS | FSE: KD0), viewers gain deeper insight into the recently announced MOU with NorFalco, a division of Glencore Canada. This collaboration is strategic as NorFalco provides access to sulfuric acid, a crucial element in the production of purified phosphoric acid. Purified phosphoric acid is a vital precursor to lithium iron phosphate (LFP) batteries, and reflects the significant role this partnership may play in First Phosphate’s plans to produce purified phosphate for LFP battery production in North America.
John goes on to provide an update on their solventless, environmentally friendly phosphate concentration pilot plant. John discusses that the plant has proven to be capable of recovering 91.4% of phosphate-bearing apatite to produce a super high grade phosphate concentrate that is almost 41% pure. John adds that this is, “the world’s highest form of cleanliness of a phosphate.” John further says that the pilot plant has produced over 900 kg of apatite concentrate which was sent to Prayon SA, Europe’s largest producer of purified phosphoric acid, for testing and production.
Providing an update on First Phosphate’s portfolio of phosphate assets in Quebec, John discusses how they are progressing towards establishing the Port of Saguenay and the Saguenay-Lac-St-Jean region of Quebec as “the LFP Battery Valley of North America.”
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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, 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 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.
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Disclaimer: First Phosphate Corp. is an advertorial member of InvestorIntel Corp.
This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.
This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
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