
First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) is pleased to announce that it has signed a Joint Development Agreement with Integrals Power Limited of Milton Keynes, United Kingdom to produce battery grade iron III phosphate precursor to supply the lithium iron phosphate battery industry outside of China.
Business Case
Business Agreement
About First Phosphate Corp.
First Phosphate is a mineral development company fully dedicated to extracting and purifying phosphate for the production of cathode active material for the LFP battery industry. First Phosphate is committed to producing at high purity level, in responsible manner and with low anticipated carbon footprint. First Phosphate plans to vertically integrate from mine source directly into the supply chains of major North American LFP battery producers that require battery grade LFP cathode active material emanating from a consistent and secure supply source. First Phosphate holds over 1,500 sq. km of royalty-free district-scale land claims in the Saguenay-Lac-St-Jean Region of Quebec, Canada that it is actively developing. First Phosphate properties consist of rare anorthosite igneous phosphate rock that generally yields high purity phosphate material devoid of high concentrations of harmful elements.
About Integrals Power Limited
IPL is a next-generation battery nano-material company committed to accelerated research, development and commercialisation of lithium-ion battery. The team of entrepreneurs, scientists and engineers have conducted comprehensive market verification and validation to form their strategy for the development of commercially feasible battery materials. This broad market research empowered the accelerated development and production of IPL proprietary high-performance, cost effective and scalable battery cathode materials for LFP/LFMP batteries. IPL’s latest battery material development results empower economical cells with higher performance compared to the conventional alternatives.
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