First Phosphate Corp. (TSE:PHOS) has released an update.
First Phosphate Corp. has signed a letter of intent to build a Rapidwall Manufacturing Plant in Quebec, which will produce eco-friendly construction panels from phosphogypsum byproduct, aimed at supporting housing in rural and indigenous communities in North America. The initiative, which includes exclusive sales rights in Canada for Rapidwall and Rapidseal products, is part of the company’s commitment to a circular economy and sustainable development. This strategic move will also provide additional revenue streams by utilizing the high-quality phosphogypsum from the company’s future mine operations.
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