Bullboard - Stock Discussion Forum First Phosphate Corp C.PHOS

Alternate Symbol(s): FRSPF

First Phosphate Corp. is a Canada-based mineral development company. The Company is engaged in extracting and purifying phosphate for the production of cathode active material for the Lithium Iron Phosphate (LFP) battery industry. It holds over 1,500 square kilometers (sq. km) of royalty-free district-scale land claims in the Saguenay-Lac-St-Jean Region of Quebec, Canada. Its properties consist... see more

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First Phosphate Corp > First Phosphate Chooses Facility

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Post by Betteryear2 on Sep 09, 2024 11:18am

First Phosphate Chooses Facility

Saguenay, Quebec--(Newsfile Corp. - September 9, 2024) - First Phosphate Corp (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that it has secured a facility lease for a 10,000 tonne per annum iron phosphate cathode active material pre-cursor ("pCAM") plant ("First Saguenay") in Saguenay (La Baie), Quebec, Canada.

First Phosphate Chooses Facility in Saguenay-Lac-St-Jean, Quebec, Canada for Deployment of its Iron Phosphate Plant (newsfilecorp.com)

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Comment by tweezer1957 on Sep 14, 2024 10:48am

I do not understand. These guys are renting a factory but where will they get the phosphate. Where will they get the 1 billion to build a mine. Seems a little premature.

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