Saturday, August 16, 2025

Latest

First Phosphate Appoints Former Environment Minister Peter Kent As President

First Phosphate announced on Wednesday that it is appointing Peter Kent as the company president. The former Canadian Member of Parliament for Thornhill also served as Minister of the Environment under former Prime Minister Stephen Harper’s cabinet.

“Peter’s decades of experience and unique blend of knowledge, insight, and dedication will be integral to the Company as we continue our growth trajectory to become a leading phosphate producer with a high-purity, ESG-compliant resource,” said CEO John Passalacqua.

The company added that as Environment Minister, Kent “was committed to responsible resource development and oversaw improvements to the environmental assessment process for Canadian mining projects.”

“Canada has an opportunity to be a global leader in the sustainable automotive ecosystem through a consistent and secure battery grade phosphate supply source right here in Quebec,” said Kent in a statement.

Prior to politics, Kent was a broadcast journalist at various media outlets, including CTV and CBC.

He previously joined the firm’s board as a director when the company held its annual meeting back in August.

The mining firm also recently announced its partnership to determine the economic viability of the Lac à l’Orignal deposit as a source of clean phosphate. The resource is meant to supply the Lithium Iron Phosphate (“LFP”) battery industry for electric vehicles.


FULL DISCLOSURE: First Phosphate is a long investment of Canacom Group, the parent company of The Deep Dive. 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.

Video Articles

Eldorado Gold Q2: Free Cash Flow Funds Development

SSR Mining Q2 Earnings: Cripple Creek Nearly Pays For Itself

Gold’s Next 12 Months Will Be the Trade of a Lifetime | Simon Marcotte – Northern Superior

Recommended

First Majestic Posts Record Free Cash Flow In Second Quarter

Silver47 Identifies 35 Mineralized Prospects Across 55 Km Trend At Red Mountain

Related News

First Phosphate Reports Grab Sample Assays As High As 20.52% Phosphate

The latest assay results are in for First Phosphate related to a recent surface sampling...

Wednesday, February 8, 2023, 08:49:17 AM

First Phosphate Makes Two High-Grade Discoveries In Quebec Following Sampling Program

First Phosphate (CSE: PHOS) is reporting two high grade discoveries at its projects in the...
Monday, January 29, 2024, 09:29:24 AM

First Phosphate Obtains Drill Permits For 32,600 Metres Of Drilling

First Phosphate has obtained permits to conduct drilling at two of its properties found in...

Wednesday, October 26, 2022, 12:44:00 PM

First Phosphate Receives Letter Of Interest For $170 Million In Funding From Export-Import Bank Of US

First Phosphate (CSE: PHOS) has reportedly received a letter of interest from the Export-Import Bank...
Friday, September 29, 2023, 12:53:52 PM

First Phosphate Raises $2.3 Million Via Oversubscribed Offering

First Phosphate has closed its most recent round of financing, raising gross proceeds of $2.3...

Wednesday, December 28, 2022, 12:03:00 PM