A peer-reviewed study published in Ore Geology Reviews has validated First Phosphate Corp.'s Bégin-Lamarche deposit as a promising source of high-purity phosphate suitable for producing battery-grade phosphoric acid. The deposit features phosphate-rich layers low in chlorine and trace elements, ideal for lithium iron phosphate (LFP) battery cathode materials. Geological analysis confirmed the magmatic origin and continuity of phosphate zones with concentrate levels around 40% P₂O₅, surpassing global averages. The deposit's characteristics also suggest potential for open-pit mining, pending further studies, and open opportunities for exploring similar deposits globally for LFP battery production.
First Phosphate's Bégin-Lamarche deposit validation is notable alongside Basic Materials sector activity on Pluang. For readers following Basic Materials, here is Pluang's market snapshot as of Sep 21, 2026 20:01 WIB: out of 35 priced US stocks, 23 rose and 9 fell. Key movers include Freeport-McMoRan Inc (FCX) at USD 72.81 with a +1.78% change and a typical hold time of 69 days, CF Industries Holdings, Inc. (CF) at USD 125.50 down -1.72% with a 45-day hold, and Gold Fields Limited (GFI) at USD 43.13 up +1.51% with a 48-day hold time.
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