FULL DISCLOSURE: First Phosphate is a sponsor of theDeepDive.ca.
In this conversation with John Passalacqua, CEO of First Phosphate Corp. (CSE: PHOS), we discuss Canada’s proposed Canada Strong Fund, why that could matter for critical minerals, and how First Phosphate is trying to build a mine-to-market phosphate strategy tied directly to LFP batteries. John explains the company’s plan to move phosphate from Quebec rock all the way through to the battery supply chain, and where the mine, phosphoric acid plant, and downstream pieces could come online if execution stays on track.
We also get into the recent funding momentum behind the story, including Denmark’s export credit agency indicating interest in supporting up to €170 million of supplies tied to the project, the significance of Canada adding phosphate to its top critical minerals list, and what the latest 40,000 meter drill campaign changed at Bégin-Lamar. What makes this discussion stand out is that it is not just about exploration. It is about building the capital stack, moving toward feasibility, and positioning a North American phosphate project to serve the LFP battery market.
FULL DISCLOSURE: First Phosphate is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of First Phosphate. The author has been compensated to cover First Phosphate on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
