TSXV:IFOS - Post Discussion
Post by
JimToronto on Apr 17, 2023 10:35am
Today's presentation
Many publicly listed companies in China (the dominant producer of LFP) have disclosed their current and proposed LFP capacity (using Google Translate). The total has exceeded 10 million tons.
One ton of LFP requires at least 4.3 tons of phosphate rock (30% P2O5).
From today's corporate presentation, "Significant incremental demand drivers (i.e. EV batteries, biofuels and wildfire management)", “Only nominal impacts to demand from electric vehicles and lithium iron phosphate batteries (“LFP”) included in current forecasts”.
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