FULL DISCLOSURE: This is sponsored content for First Phosphate Corp..
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.
FULL DISCLOSURE: First Phosphate Corp. is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of First Phosphate Corp.. The author has been compensated to cover First Phosphate Corp. on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
