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First Phosphate Corp
Symbol PHOS
Shares Issued 142,842,441
Close 2025-11-10 C$ 0.86
Market Cap C$ 122,844,499
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First Phosphate cheers U.S. adding phosphate to list

2025-11-10 16:34 ET - News Release

Mr. Bennett Kurtz reports

FIRST PHOSPHATE WELCOMES THE ADDITION OF PHOSPHATE TO THE CRITICAL MINERALS LIST OF THE UNITED STATES

First Phosphate Corp. has applauded the decision by the United States Secretary of the Interior, acting through the director of the U.S. Geological Survey (USGS), to add "phosphate" to the United States' Final 2025 List of Critical Minerals.

The United States now joins the countries of Canada and South Korea, the European Union, and the provinces of Ontario and Quebec in recognizing phosphate as a critical mineral.

The U.S. Secretary of the Interior indicated that the department made the determination to include phosphate on the Final 2025 List of Critical Minerals based on recommendations and expertise provided by the respective U.S. Departments of Energy, War, and Agriculture.

During the comment period provided by the USGS, First Phosphate submitted a full 15-page letter highlighting the critical defense and energy related implications of phosphate given to the rapid emergence of lithium iron phosphate (LFP) batteries for energy storage, data centres, robotics, mobility and national security apparatus.

First Phosphate also reiterated the recent "met" rating that it had received from the Defense Industrial Base Consortium for its white paper on securing North American phosphate supply for LFP cathode materials.

First Phosphate's flagship Begin-Lamarche property in Saguenay-Lac-Saint-Jean, Que., is one of North America's rare igneous phosphate resources, yielding high-purity phosphate with minimal impurities for production of cathode active material (CAM) for LFP batteries.

First Phosphate has recently produced commercial-grade LFP 18650 battery cells using North American critical minerals.

The high-purity phosphoric acid and iron powder for these LFP 18650 battery cells was produced using rare igneous anorthosite rock extracted from the First Phosphate Begin-Lamarche property.

About First Phosphate Corp.

First Phosphate is a mineral development and cleantech company dedicated to building and onshoring a vertically integrated mine-to-market LFP battery supply chain for North America. Target markets include energy storage, data centres, robotics, mobility and national security. First Phosphate's flagship Begin-Lamarche property in Saguenay-Lac-Saint-Jean, Que., is one of North America's rare igneous phosphate resources, yielding high-purity phosphate with minimal impurities.

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