Investor Outlook
1 %
Public Float
1 %
Deeply Invested Leaders
$ 1 B
Projected Size of Industry by 2034
Projected Size of Industry by 2034
OTCQX: FRSPF | OTCQX ADR: FPHOY | CSE: PHOS | FSE: KD0
First Phosphate (CSE: PHOS) (OTCQX: FRSPF) (OTCQX: FPHOY) (FSE: KD0) is an exploration, mineral development and cleantech company dedicated to building and onshoring a vertically integrated mine-to-market LFP battery supply chain for North America. Target markets include energy storage, data centers, robotics, mobility and national security.
First Phosphate’s flagship Bégin-Lamarche Property in Saguenay–Lac-Saint-Jean, Quebec is one of North America’s rare igneous phosphate resources, yielding high-purity phosphate with minimal impurities.
“When Agnico Eagle committed more capital to secure an igneous phosphate project through its Avenir Minerals subsidiary, the world’s second-largest gold producer validated the entire igneous phosphate mineral category. That carries direct relevance for First Phosphate Corp as perhaps the only igneous anorthosite phosphate developer 100% fully focused on a North American mine-to-market LFP battery supply chain. First Phosphate has produced the first LFP battery cells from North American critical minerals including rare, high purity phosphate from our Bégin-Lamarche deposit to support a Western-based LFP battery supply-chain priority.”John Passalacqua, CEO and Director
Through a vertically integrated mine-to-market LFP battery supply chain strategy, First Phosphate plays a central role in achieving the shared goal of re-onshoring the LFP battery supply chain in North America. First Phosphate has produced LFP battery cells using North American critical minerals including high purity phosphate from its Bégin-Lamarche property.
Existing sedimentary phosphate mines in North America are at capacity for fertilizer and cannot economically produce much larger amounts of PPA. Political conflict, trade wars and ethical supply concerns enable First Phosphate to be well positioned to capitalize on market demand, and position for the future role of high purity ignious phosphate for growing lithium iron phosphate (LFP) battery demand.
John Passalacqua, CEO and Director
Public Float
Deeply Invested Leaders
Projected Size of Industry by 2034
Projected Size of Industry by 2034
Investors Need to Know...
China’s proposed export ban on lithium iron phosphate (LFP) battery technology is a wake-up call for Western industries. As global demand for LFP batteries increases, the need to build independent supply chains has never been clearer. First Phosphate’s CEO sees this moment as a unique opportunity to drive change and innovation and to build a fully integrated North American supply chain.
Lithium Iron Phosphate (LFP) batteries might seem pricey at first glance due to the cost of raw materials, but the story doesn’t end there.
Thanks to technological breakthroughs and scaled-up production, these costs are steadily declining. What makes LFP batteries particularly appealing, though, is their affordability compared to other lithium-ion chemistries. Instead of relying on costly metals like nickel and cobalt, LFP batteries use iron and phosphorus—materials that are not only more abundant but also far less expensive. For investors, this balance of cost-efficiency and innovation positions First Phosphate as key players in the energy storage market.
The future of high purity igneous phosphate mining is important. As the world accelerates its transition to renewable energy and electric vehicles, Lithium Iron Phosphate (LFP) batteries are becoming a pivotal technology of mass adoption. These batteries rely on high purity igneous phosphate as a key component, and their growing popularity is driven by advantages like affordability, safety, and longer lifespan compared to other lithium-ion batteries. First Phosphate owns the mineral assets and technology needed to produce high purity LFP cathode active material, which solidifies their market potential in this high demand, growing market.
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