Fertoz Ltd. Eyes Growth in Phosphate Mining

Fertoz Ltd. (AU:FTZ) has released an update.

Fertoz Ltd. is expanding its high-grade phosphate mining operations in Canada, with projects near the Western Prairies poised to serve both the agricultural market and the burgeoning electric vehicle battery industry. With phosphate now listed as a critical mineral by the Canadian government, Fertoz is advancing permits for increased mining and testing phosphate’s suitability for lithium iron phosphate (LFP) batteries. The company’s Wapiti project, which is still largely unexplored, shows potential for significant resource growth to meet the increasing North American demand for both fertilizer and battery materials.

For further insights into AU:FTZ stock, check out TipRanks’ Stock Analysis page.