In this conversation with John Passalacqua, CEO of First Phosphate Corp. (CSE: PHOS), we discuss why phosphate is becoming a critical part of the LFP battery supply chain, and why igneous phosphate is different from the fertilizer market most investors usually associate with the mineral. John explains that LFP batteries require high-purity phosphate, that phosphate makes up a major part of the LFP cathode, and why demand is growing from both agriculture and battery storage.
John also breaks down First Phosphate’s recent financing, the company’s available capital runway, and why he believes the market is selling small caps broadly instead of separating companies that still need capital from those that are already funded. We also get into the path toward a feasibility study, the goal of moving toward production by 2029, the growing G7-level focus on LFP supply chains outside China, and why management remains heavily aligned with shareholders.
