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First Phosphate Secures Quebec "Filon'' Fast Track Status – Fully Financed to FID
Description
Today’s episode features John Passalacqua, CEO and Director of First Phosphate.
First Phosphate Corp is a Canadian mineral development company focused on extracting and purifying phosphate for the lithium iron phosphate (LFP) battery industry, with significant projects in Quebec.
CSE: PHOS – FSE: KD0 – OTCQX: FRSPF
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NB - Recorded on Monday 2nd February 2026 AM
John Passalacqua, CEO of First Phosphate, explains:
* The different types of phosphate that exist
* The importance of lithium iron phosphate (LFP) and Purified Phosphoric Acid (PPA)
* LFP uses, current supply and demand dynamics and why the future is very bright
* How First Phosphate is positioned to take advantage of this situation
* CATL, China’s largest producer and their recent large orders.
* Saguenay-Lac-Saint-Jean, Quebec, the region & the Begin-Lamarche site
* The importance of the agreement with Port Saguenay to establish the Phosphoric Acid Plant and to create a green supply chain
* Shares, managements skin in the game and the team that make up First Phosphate
* How much of an impact the phosphate price is on operations
* Why phosphate and lithium have to work hand in hand to benefit from the coming squeeze
* And much more
Useful Company Information/Press Releases
CSE: PHOS – FSE: KD0 – OTCQX: FRSPF
First Phosphate general corporate video:
Mine site video:
https://www.firstphosphate.com/BeginLamarche3D
Latest visit by Natural Resources Minister Hodgson to our future phosphate processing site:
https://firstphosphate.com/minister-visit-first-phosphate-port-saguenay/
Our latest site visit with local, federal and international dignitaries. A strategic igneous phosphate resource for Europe?:
We recently announced our agreement with Port Saguenay for our phosphoric acid facility. Please see who was present:
https://firstphosphate.com/first-phosphate-port-saguenay-agreement/
We recently created the first LFP batteries from fully North American critical minerals:
This development was presented at the OREBA3 conference in Montreal:
The very accessible and green-produced phosphate from Lac-St-Jean is at the heart of the Bloc’s proposed strategy for Quebec’s economy in the context of the trade and climate crises. It is a strategic and critical mineral whose niche is included in the list of Quebec’s eight characteristic economic sectors.
It is essential for electric transportation, and the First Phosphate project is a regional succ