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First Phosphate Corp. ( (TSE:PHOS) ) has provided an announcement.
First Phosphate Corp. has announced significant developments in its Bégin-Lamarche phosphate mine, including the completion of a mineral resource estimate and preliminary economic assessment. The company is preparing for a formal feasibility study and has secured long-term agreements with offtake partners, unaffected by North American trade tariffs. Additionally, First Phosphate is advancing its phosphoric acid facility and iron phosphate plant projects, with financial and strategic plans in place to mitigate trade-tariff impacts and ensure operational success.
More about First Phosphate Corp.
First Phosphate Corp. operates in the mining industry, focusing on phosphate production. The company is engaged in developing the Bégin-Lamarche phosphate mine and related facilities, with a focus on producing phosphoric acid and iron phosphate materials. It aims to establish a strong market presence with strategic partnerships and agreements, particularly in the North American region.
YTD Price Performance: 7.14%
Average Trading Volume: 131,949
Technical Sentiment Consensus Rating: Sell
Find detailed analytics on PHOS stock on TipRanks’ Stock Analysis page.