on First Phosphate Corp. (isin : CA33611D1033)
First Phosphate relies on North American minerals for its LFP batteries
First Phosphate Corp., based in Saguenay, Quebec, announced the production of 18650-size lithium iron phosphate (LFP) battery cells. These cells are made from critical North American minerals. This initiative aims to strengthen the LFP battery supply chain on the continent.
The cells use phosphate mined from the Bégin-Lamarche property in Quebec, iron processed in the United States, and lithium carbonate from Nevada. The graphite for the anode comes from Nouveau Monde Graphite's operations in Quebec. The cells are assembled in Las Vegas by Ultion Technologies Inc.
These versatile batteries find applications in robotics, defense, and electric mobility. CEO John Passalacqua presented these advances at an international battery conference.
R. H.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all First Phosphate Corp. news