In this conversation with John Passalacqua, CEO of First Phosphate Corp. (CSE: PHOS), we discuss the company’s latest $5 million non-repayable funding from Natural Resources Canada for road and power infrastructure at its Bégin-Lamarche project in Quebec. The funding comes on top of the earlier $16.7 million federal contribution and supports First Phosphate’s push to build a North American mine-to-market supply chain for LFP battery production.
John explains why infrastructure is now a key part of the story, how close the project is to highways, power, workforce, rail, and the Port of Saguenay, and why that matters for turning a critical minerals project into a real mine. We also get into Quebec’s fast-track permitting process, G7-level support, the company’s goal of reaching feasibility by late 2026 or early 2027, and the aggressive target of having an open-pit mine ready for 2029.