CEO of First Phosphate (OTCQB: FRSPF | CSE:PHOS | FSE:KD0) John Passalacqua highlights the growing importance of phosphate for LFP batteries, a point proven by China’s Ministry of Commerce proposing to restrict exports of technologies for producing lithium iron phosphate. The move is part of a larger conflict happening worldwide - resource wars between nations - and underlines the importance of domestic phosphate production, something First Phosphate is well positioned to take part in.
First Phosphate Website: https://firstphosphate.com
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Follow John Passalacqua on Linkedin: https://www.linkedin.com/in/john-passalacqua-964092257
Disclaimer: Commodity Culture was compensated by First Phosphate for producing this interview. Jesse Day is not a shareholder of First Phosphate. Nothing contained in this video is to be construed as investment advice, do your own due diligence.
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