First Phosphate Corp Stock Price, News & Analysis

First Phosphate (OTCQX: FRSPF) announced receipt of an initial lump-sum pre-payment of US $530,000 under an amended long-term phosphate concentrate offtake LOI to help advance the Bégin-Lamarche project to a feasibility study and production decision.

The company is completing a 30,000-metre drill program expected to finish by April 2026 to refine its geological model; if First Phosphate chooses not to proceed to a feasibility study, the pre-payment is refundable. The company also issued 240,132 shares to Pekuakamiulnuatsh First Nation for 2025 exploration and development work.

First Phosphate (CSE: PHOS / OTCQX: FRSPF) announced that its common shares were added to the CSE25 Index effective December 19, 2025 as part of the CSE's quarterly rebalancing. Inclusion places the company among the 25 leading CSE-listed firms by market capitalization and liquidity, which the company says increases visibility with institutional and retail investors and broadens exposure via index-linked products.

First Phosphate is advancing a high-purity igneous phosphate project in Saguenay-Lac-Saint-Jean, Quebec, and reports recent production of commercial-grade LFP 18650 battery cells using North American critical minerals sourced from its Bégin-Lamarche property.

First Phosphate (OTCQX: FRSPF) welcomed a $57.6 million Government of Canada investment to build a second wharf at Port Saguenay, positioned adjacent to the company’s planned phosphoric acid plant.

The company says the new wharf will aid transport of future phosphate concentrate, phosphoric acid and LFP battery products to North American, European and international offtakers. First Phosphate signed an industrial land option agreement for Port Saguenay on July 18, 2025 and plans to deploy Prayon SA technology with Ballestra S.p.A. engineering. The company also reports producing commercial-grade LFP 18650 cells using North American critical minerals from its Bégin-Lamarche property.

First Phosphate (OTCQX: FRSPF) welcomed the addition of phosphate to the United States Final 2025 List of Critical Minerals announced by the U.S. Secretary of the Interior on November 10, 2025. The decision aligns the U.S. with Canada, South Korea, the European Union and the provinces of Ontario and Quebec in recognizing phosphate as critical.

First Phosphate said it submitted a 15-page comment highlighting phosphate's role in lithium iron phosphate (LFP) batteries for energy storage, defense and mobility. The company noted a Met rating from the Defense Industrial Base Consortium for its White Paper and cited its Bégin-Lamarche property as a rare North American igneous phosphate source used to produce commercial-grade LFP 18650 cells.

First Phosphate (OTCQX: FRSPF) announced on November 3, 2025 that its common shares are now listed on the Tradegate Exchange in Germany (TDG: KD0). The listing lets European investors trade the shares during EU market hours and extended European trading hours, increasing convenience and potential liquidity for international investors.

The Tradegate listing complements existing listings on the Canadian Securities Exchange (PHOS), OTCQX (FRSPF) and Frankfurt (KD0). First Phosphate also reports it has produced commercial-grade LFP 18650 battery cells using high-purity phosphoric acid and iron powder derived from its Bégin-Lamarche anorthosite property in Quebec.

First Phosphate (OTCQX: FRSPF) announced an accelerated 30,000‑metre drill program at its Bégin‑Lamarche igneous phosphate property in Saguenay‑Lac‑St‑Jean, Quebec, starting October 2025 to finalize the property's geological model.

The program will test the full 2.5 km mineralized zone on 50 m x 50 m spacing, begin with two rigs and ramp to four rigs by mid‑November, and is expected to complete by April 2026. The company says the program is fully funded and that the site is ~70 km from the Port of Saguenay and planned processing/CAM facilities.

First Phosphate (OTCQX: FRSPF) commented on recent trading volatility after China announced new unilateral export controls on rare earths and processed critical materials, including LFP cathode active material (CAM), under Ministry of Commerce Notice No 55-62 effective Nov 8, 2025. The company said trading volumes and share price moves followed that October 9, 2025 announcement.

First Phosphate highlighted its North American onshoring strategy, stating it has recently produced commercial-grade LFP 18650 battery cells using North American critical minerals sourced from its Bégin-Lamarche property. Its white paper received a "Met" rating from the Defense Industrial Base Consortium. The company said it intends to accelerate its mine-to-market LFP supply chain for North America.

First Phosphate (OTCQX: FRSPF) announced that CEO John Passalacqua will present at the Toronto Global Forum 2025 (IEFA) on October 16, 2025 at 10:00 AM ET during the panel “Securing the Mineral Backbone of the Economy.”

He will discuss North American defense supply‑chain risks from exploration and permitting through refining and advanced manufacturing, and outline policy, infrastructure and investment strategies to secure defense‑critical minerals within allied cooperation frameworks. The company also highlights its July 7, 2025 milestone producing commercial‑grade LFP 18650 battery cells using North American‑sourced minerals from the First Phosphate Bégin‑Lamarche property in Saguenay, Quebec.

First Phosphate (OTCQX: FRSPF / CSE: PHOS) hosted Canada's Minister of Energy and Natural Resources, the Parliamentary Secretary, and three MPs at the planned site of its future phosphoric acid plant at Port Saguenay, Saguenay-Lac-Saint-Jean, on October 4, 2025. The visit, announced October 8, 2025, highlights the company's high-purity igneous phosphate as a potential input for a North American supply chain for lithium iron phosphate (LFP) batteries, which are positioned as important for energy storage, mobility, data centres, robotics, and defence.

The officials praised Quebec's clean-tech and resource potential and discussed federal program support for critical minerals and regional economic diversification.