Proactive - Interviews for investors

First Phosphate CEO outlines vision for North American LFP battery supply chain amid global tensions

Episode Summary

First Phosphate Corp. CEO John Passalacqua joined Steve Darling from Proactive to discuss the company’s progress in building a vertically integrated lithium iron phosphate battery supply chain entirely within North America—a mission gaining urgency as global supply chain tensions with China continue to escalate. Over the past three years, First Phosphate has been methodically developing an end-to-end supply chain using domestically sourced critical minerals, including phosphate and iron from its own properties in Québec. Passalacqua emphasized that the company’s grassroots, entrepreneurial approach sets it apart: “We work entrepreneurially. We're not working from the top down and then trying to backfill. We're working from what we got.” That bottom-up strategy has enabled First Phosphate to hit major milestones where other, more heavily funded projects have faced setbacks. Despite no government funding or backing from major investment banks, the company has successfully produced LFP batteries using its own raw materials, validating its integrated model. Looking ahead, Passalacqua said commercial production is targeted for 2029 at the company’s Bégin-Lamarche mine, supported by existing offtake agreements and partnerships that will help anchor North America’s battery manufacturing ecosystem. With a proven technical pathway, established partnerships, and a focus on regional independence, First Phosphate is positioning itself as a strategic cornerstone in North America’s clean energy transition. #proactiveinvestors #firstphosphatecorp #cse #phos #otcqx #frspf #frspf #phosphate #CriticalMinerals #BatteryMaterials #LFPCathode #FirstPhosphate #CanadaMining #GreenEnergy #SupplyChain #QuebecMining #EVBatteries #dod