First Phosphate Corp - Mining Stock Analysis & Updates
Latest News and Market Performance for First Phosphate Corp
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First Phosphate Applauds Canadian Federal Election Discourse on the Development of Quebec's Clean Igneous Phosphate Reserves

First Phosphate Positioned to Power America's Automated Manufacturing Revival with Secure, Domestic LFP Battery Material Supply Chain

First Phosphate Updates on Corporate Developments, Management Appointments and Insider Stock Purchases
First Phosphate Corp. announced updates on its Bégin-Lamarche Phosphate Mine, including completed resource estimates and a feasibility study, with significant revenue projections. The company also secured agreements for a phosphoric acid facility and an iron phosphate plant in Quebec.

First Phosphate Announces Filing of PEA Technical Report for the Bégin-Lamarche Phosphate Project, Saguenay-Lac-Saint-Jean, Quebec, Canada
First Phosphate Corp. announced the filing of its Preliminary Economic Assessment for the Bégin-Lamarche Phosphate Project in Quebec, indicating a potentially viable open-pit mining operation with significant annual production, strong IRR and NPV, and favorable logistics.

First Phosphate Reports University Research Reports Relating to the Geological Characterization of its Three Bégin-Lamarche Phosphate Zones
First Phosphate Corp. announces research reports from Queen's University and Université de Québec à Chicoutimi on the mineralogy and geochemistry of the Bégin-Lamarche phosphate deposit in Quebec, highlighting its potential for supplying materials for LFP batteries.

First Phosphate Closes Oversubscribed Private Placement Financing
First Phosphate Corp. has successfully closed a non-brokered private placement financing, raising $2,695,459. The offering included 7.4 million Flow-Through Shares and 252,857 Hard Dollar Units. Additionally, 3.1 million restricted share units were granted as year-end bonuses.

First Phosphate Announces Intention to Complete $1,000,000 Non-Brokered Private Placement
First Phosphate Corp. is launching a non-brokered private placement to raise at least $1 million through flow-through shares and hard dollar units, with proceeds allocated for exploration in Québec. The offering will close by December 31, 2024.

First Phosphate Signs Long-term Offtake Agreements and Pursues Interest from Financial Partner
First Phosphate Corp. announced two long-term offtake agreements to secure future production in Saguenay, Quebec, reducing project risks and aiding financing. The company is also discussing financial collaboration with the Pekuakamiulnuatsh First Nation to support project development.

First Phosphate Announces Positive Results of Preliminary Economic Assessment at its Begin-Lamarche Property in Saguenay-Lac-Saint-Jean, Quebec, Canada
First Phosphate Corp. announced positive results from a Preliminary Economic Assessment on its Bégin-Lamarche Property in Quebec, indicating a viable open-pit phosphate mining project with strong financial returns, significant production capacity, and favorable logistics.

First Phosphate Corp. Signs License Agreement with Prayon SA, Global Leader in MGA Phosphoric Acid Technology
First Phosphate Corp. has signed a technology license agreement with Prayon SA to produce merchant grade phosphoric acid from igneous apatite phosphate rock in Canada. The plant will have a capacity of 600 metric tons per day. Ballestra S.p.A. will provide engineering services, and Norfalco-Glencore will supply sulfuric acid for the facility.

First Phosphate Announces Investor Outreach Engagements
First Phosphate Corp. has hired Capital Analytica to provide investor relations and communications services, including social media consulting, reporting, and investor relations services for a six-month period beginning November 20, 2024, for a fee of CAD $120,000. In addition, First Phosphate has entered into a six-month marketing agreement with OGIB Corporate Bulletin Ltd., also starting November 20, 2024, for a total cost of CAD $40,000. Both companies are independent and do not own any securities, warrants, or options of First Phosphate Corp.

GKN Hoeganaes to Support First Phosphate in LFP Cathode Active Material Development
GKN Hoeganaes, a division of GKN Powder Metallurgy, is partnering with First Phosphate to establish a North American supply chain for lithium iron phosphate (LFP) batteries, which are critical for the electric vehicle and energy storage industries. The collaboration follows the successful integration of First Phosphate's magnetite into GKN Hoeganaes's melting process, leading to high-purity iron powder, a necessary component for LFP batteries production. The partnership aims to reduce dependence on international supply chains and promote local production of LFP battery components. First Phosphate plans to integrate the high-purity Ancorsteel into its production facility in Quebec, aiming to reach 400,000 tonnes per annum by 2032. GKN

First Phosphate Announces OTCQB Market Listing and DTC Eligibility in the United States
First Phosphate Corp. has announced that its common shares have begun trading on the OTCQB Venture Market under the ticker symbol FRSPF. The shares are also eligible for electronic clearing and settlement in the U.S. through the Depository Trust Company (DTC), which is expected to simplify trading and enhance share liquidity. The OTCQB is a market for early-stage and developing companies, providing benefits such as efficient trading and transparent pricing. First Phosphate Corp. is a mineral development company focused on extracting phosphate for the lithium iron phosphate battery industry.

First Phosphate Files NI 43-101 Technical Report for Initial Mineral Resource Estimate at Begin-Lamarche Property, Saguenay-Lac-Saint-Jean Quebec
First Phosphate Corp has filed its Initial Mineral Resource Estimate (MRE) Technical Report for the Bégin-Lamarche Project in Saguenay, Quebec. This report, prepared by P&E Mining Consultants, is in line with National Instrument 43-101 Standards of Disclosure for Mineral Projects. The report reveals an inferred pit-constrained Mineral Resource of 214.0 Mt @ 6.01% P2O5 (phosphate) and an indicated one at 41.5 Mt @ 6.49% P2O5. The deposit also offers the potential for recovering iron and titanium. The report is available on the First Phosphate website and SEDAR+.
Technical Analysis
Articles
First Phosphate Corp Presentation Update - 2025-04-26 - Minimal Update to...
Minor, cosmetic updates with no significant changes to financial data, resource estimates, or project scope; overall stability and consistency maintained.
Media Mentions
This Critical Commodity Set to SKYROCKET as China Throttles Supply
Mentions First Phosphate Corp (PHOS)