First Phosphate Corp

Industry: Other Industrial Metals & Mining

Sector: Basic Materials

Primary metal: None

About

First Phosphate Corp. is a mineral development company specializing in the extraction and purification of phosphate for use in the lithium iron phosphate (LFP) battery industry. The company is primarily focused on developing high-purity igneous rock phosphate mineral properties in Canada, with its flagship projects located in Quebec, including the Lac à l’Orignal and Bégin-Lamarche properties. These sites are notable for yielding rare anorthosite igneous phosphate rock, which generally results in a high-purity product well-suited for battery-grade materials and devoid of harmful contaminants. First Phosphate Corp. aims to vertically integrate its operations so that it can deliver purified phosphate directly into North American LFP battery supply chains, supporting critical segments like energy storage, robotics, and electric vehicle manufacturing. The company positions itself as a strategic supplier of essential materials for the renewable energy transition and the reshoring of battery production in North America, emphasizing responsible production practices and a low anticipated carbon footprint.

Symbol: PHOSExchange: CSECurrency: CAD