Agnico Eagle Gold (TSX: AEM) has quietly made one of the most surprising moves in the critical minerals space, stepping into the igneous phosphate sector through Avenir Minerals’ acquisition of Fox River Resources. At a time when Western governments are scrambling to secure supply chains for strategic materials, this deal signals that majors are starting to look beyond gold and toward minerals tied to food security, batteries, and industrial supply chains.
In this video, we break down why Agnico’s phosphate move matters, what Fox River brings to the table, and why the Martison project could be more important than the market realized. We also look at Avenir Minerals, the shrinking number of independent igneous phosphate players in North America, and what this deal could mean for the broader critical minerals push now underway in the West.
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