First Phosphate Corp. Signs MOU with Prayon, Global Leader in Purified Phosphoric Acid Production and Technology
- Written by Reporters
Saguenay, Quebec - Newsfile Corp. - February 24, 2023 - First Phosphate Corp. (CSE: PHOS) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that it has signed a memorandum of understanding ("MOU") dated February 23, 2023 with Prayon SA of Engis, Belgium ("Prayon"), Europe's largest producer of purified phosphoric acid. In order to accelerate First Phosphate's integration plan for the North American lithium iron phosphate (LFP) battery industry, the MOU engages the parties to collaborate towards assessing feasibility and potential partnership in the following areas:
- Phosphate Concentrate Production and Offtake
- LFP Grade Phosphoric Acid Toll Processing
- License for LFP Grade Phosphoric Acid Production Facility
- Development of LFP Cathode Active Material Manufacturing Plant
The issuer is solely responsible for the content of this announcement.
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Source https://www.media-outreach.com/news/canada/2023/02/24/202071/