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Fertoz ( (AU:CP8) ) just unveiled an announcement.
Canadian Phosphate Ltd has received approval for a 10,000-tonne bulk sample permit at its Barnes rock phosphate deposit, part of the Fernie Project in British Columbia. This approval allows CP8 to commence bulk sampling in the northern summer, supporting local supply and market testing for greater adoption of its phosphate products. The company is also pursuing additional permits to meet future demand and expand its operations. CP8’s engagement with the British Columbia government emphasizes the strategic importance of domestic phosphate supply for agriculture and energy markets, aligning with Canada’s critical minerals strategy.
More about Fertoz
Canadian Phosphate Ltd, trading as CP8, operates in the mining industry with a focus on phosphate extraction. The company is engaged in the development of the Fernie Project in British Columbia, Canada, which includes multiple phosphate deposits. CP8 aims to provide a domestic supply of high-grade rock phosphate to support agriculture and the growing lithium iron phosphate battery market.
Average Trading Volume: 212,348
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$7.67M
For a thorough assessment of CP8 stock, go to TipRanks’ Stock Analysis page.