What the P in LFP Batteries Means for You
By Faith Ashmore, Benzinga
Chicoutimi (QC) –News Direct– Arianne Phosphate
The biggest global application of phosphate right now is fertilizer. Phosphate is a macronutrient in more than 85% Of all fertilizers, and given the projected increase in phosphate demand, specialty applications of fertilizer may be worth investigating for investors.
Consumers of products such food preservatives or detergents, animal foods, and cosmetics include driving an increased interest in phosphate. The real interest is in how phosphate could revolutionize electric vehicles (EVs).
For decades, companies — specifically North American companies — placed their bets on lithium-ion batteries, which rely heavily on lithium, cobalt, and nickel. But engineers and carmakers have their own problems. are now turning away from nickel and cobalt-based lithium-ion batteries LFPs (lithium iron phosphate) are being replaced. Cobalt and nickel are the main reasons for this transition. scarce, expensive, and controversial raw elements to mine.
According to a recent research report by Wood Mackenzie Power & Renewables, lithium iron phosphate is on course to be the leading battery chemistry for EVs by 2028Their cobalt-based and nickel-based lithiumion predecessors were replaced by LFPs. LFPs are safer than alternative options, more cost-effective and last for longer. After their useful life, LFPs can be recycled and used for other energy storage purposes.
The P In LFP — Igneous v. Sedimentary Phosphate
Extracting phosphate in specialty applications like LFPs is a bit more complicated. Globally, the supply of phosphate is limited. is dominated by the Middle East and North Africa (MENA). China is also a substantial exporter of phosphate fertilizers (MAP & DAP) and they abruptly withdrew from the market last year, now only providing spot market sales. Russia is also a significant producer of phosphate and it is igneous. However, the Russia-Ukraine conflict has rendered the material unavailable to many Western countries.
There are two types of phosphate deposits: sedimentary deposits or igneous. Under 10% of global phosphate is in igneous deposits. Igneous deposits are less harmful to the environment than uranium or heavy metals. They also contain more ore, which can be used for specialty applications such LFPs.
As specialty applications like the LFP continue to increase, more phosphate will be required to come from concentrates of high quality that are only found in igneous deposits. Arianne Phosphate Inc. One potential phosphate mining firm that can supply the rising global demand for phosphate is TSX-V, Dan (OTC:DRRSF). The phosphate market has been growing at 1.5% to 2% per year in the past for agricultural purposes. This is expected to increase at a faster rate now that LFP has entered the picture.
Arianne Phosphate says its Lac à Paul project in Quebec is a very rare project that is laying the groundwork for becoming an invaluable supplier to North American and European companies. First, the deposit is igneous and can produce a phosphate concentrate purer than most/all of the world’s phosphate, most of which is housed in sedimentary rock. Canada-based companies adhere to stricter corporate, environmental and social standards. This aligns with European and North American goals.
The Lac à Paul project has access to world-class infrastructure and is fully permitted. The Lac à Paul project is also not owned by an integrated fertilizer company which will allow for the mined phosphate to be used for a variety of different commercial agendas. Arianne Phosphate has entered the market just as American policymakers are keen to reduce their dependency on foreign suppliers.
Recently, the U.S. announced that Canadian companies qualify under the 1950 Defense Production Act (DPA). This legality means that a Canadian investment made by the Department of Defense is the same as a domestic investment. This opens up a lot of opportunities for Canadian investment. President Biden’s administration shared that one of the leading reasons to implement the DPA was to create a flourishing EV market with more control of the supply chain and to become more self-sufficient.
As companies expand into LFP development, production, and control in the EV industry, it is crucial that the US has access to a phosphate manufacturer. Arianne Phosphate appears to be in a strong position to fill the supply gap, and to be a significant asset to the EV industry.
ARIANNEPHOSPHATE INC. (www.arianne-inc.com) owns the Lac à Paul phosphate deposit in Quebec, Canada. Fully permitted and shovel ready, the asset is among the world’s largest greenfield deposits, capable of producing an environmentally friendly phosphate concentrate. Due to the nature of its high-purity, low-contaminant product, Arianne’s phosphate can be used to produce fertilizer as well as meeting the technical requirements of specialty applications such as the lithium-iron-phosphate (LFP) battery. The Lac à Paul deposit is rare due to its geographic location and geological structure. Arianne Phosphate has been listed on both TSX V and TSX. DAN The OTCQX and the TCQX DRRSF.
This post contains sponsored content. This content is only for informational purposes and is not meant as investment advice.
Forward-looking statements are included in this information. All statements made herein, except statements of historical fact and statements regarding potential mineralisation and resources, exploration results and future goals and objectives of Arianne Phosphate Inc are forward-looking statements. They involve many risks and uncertainties. These statements are not guaranteed to be accurate. Actual results and future events may differ from what is anticipated. Important factors that could cause actual results to differ materially from Arianne Phosphate Inc’s (“Arianne Phosphate” or the “Company”) expectations are disclosed under the heading “Risk Factors” and elsewhere in Arianne Phosphate Inc’s documents filed from time-to-time with the TSX Venture and other regulatory authorities.
Contact Details
Brian Ostroff, President
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