FULL DISCLOSURE: This is sponsored content for First Phosphate Corp..
In this conversation with John Passalacqua, CEO of First Phosphate Corp. (NASDAQ: PHOS) (CSE: PHOS), we discuss why Western governments are increasing their support for new critical-mineral mines and what this means for the Bégin-Lamarche phosphate project in Quebec.
John explains the company’s US$212.5 million letter of support from Swiss Export Risk Insurance, its proposed financing support from Denmark, and how these government-backed commitments could cover most of the project’s estimated US$475 million capital requirement.
We also discuss Canada’s changing investment climate, Quebec’s accelerated permitting process, the feasibility study expected in early 2027, and the milestones required to reach a final investment decision.
FULL DISCLOSURE: First Phosphate Corp. is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of First Phosphate Corp.. The author has been compensated to cover First Phosphate Corp. on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
