First Phosphate CEO John Passalacqua joined Steve Darling from Proactive to discuss the company’s strategic position in the critical minerals sector amid recent U.S. tariff discussions. Speaking from the Canadian Consulate in New York during a critical minerals conference, Passalacqua emphasized Canada’s unique advantage in mining high-quality phosphate, an essential component for lithium-ion batteries. Passalacqua explained that First Phosphate’s operations in Quebec provide a non-relocatable critical resource. He noted that secondary processing—such as phosphoric acid production—must remain close to the source to maintain operational efficiency. He suggested that potential U.S. tariffs could further stimulate investment into Canada’s mining sector, accelerating major projects and infrastructure development. Addressing regulatory challenges, Passalacqua pointed out that economic pressures might compel the Canadian government to fast-track approvals and reduce red tape, benefiting large-scale mining projects like First Phosphate’s. He also highlighted the importance of domestic investment from pension funds and financial institutions, which could strengthen Canada’s leadership in the critical minerals market. “Canada has to start investing in its own projects,” Passalacqua stated, emphasizing that mining and infrastructure initiatives are vital for the country’s economic stability. He concluded by underscoring Canada’s essential role in the global supply chain for critical battery materials. #proactiveinvestors #firstphosphatecorp #cse #phos #otcqb #frspf #phosphate #CriticalMinerals #MiningCanada #USATariffs #LithiumBatteries #PhosphateMining #CanadaEconomy #Infrastructure #MiningInvestment #QuebecResources