CATL’s Huge $17.2B Lithium-Iron-Phosphate Order & First Phosphate Receives Future Supply Pre-payment
In this episode of Mining Stock Education, John Passalacqua, CEO of First Phosphate (CSE: PHOS – FSE: KD0 – OTCQX: FRSPF), provides an update on the phosphate market and discusses the significance of CATL’s tender for 500,000 annual tons of LFP cathode active material. John also talks about the company’s focus on high-purity igneous phosphate for LFP batteries, their recent financial movements, and strategic goals. The episode also covers First Phosphate’s unique position in the market, the challenges in sourcing high-purity phosphate, and their relationships with investors and partners. John offers insights on the company’s CSE listing, future project developments, and the potential for uplisting to a major U.S. exchange.
00:00 Introduction and Major Industry News
00:44 Company Overview and Unique Selling Points
01:45 Understanding LFP Batteries and Phosphate
04:00 Company’s Strategic Focus and Partnerships
05:47 Financial Updates and Future Plans
07:20 Stock Exchange Listing and Trading Insights
11:41 International Interests and Industry Headlines
14:35 Conclusion and Final Thoughts
