First Phosphate Corp. signs a license agreement with Prayon SA

Prayon will license First Phosphate to use its technology to design, build, operate and maintain a market-grade phosphoric acid (MGA) manufacturing facility in Canada with a production capacity of 600 tpd of P₂O₅ (phosphate).

In addition, First Phosphate selected Ballestra S.pA. of Milan, Italy, from a group of official permanent licensees from Prayon, to ensure the service agreement (AS) for the portion of engineering services (FEED and EPC/EPCM) of the project.

Finally, First Phosphate's partnership with Norfalco, a division of Glencore Canada, as of July 2023, remains in place to guarantee the supply of sulfuric acid to this future phosphoric acid production facility.

“Through these sulfuric acid technology, engineering and supply agreements, First Phosphate will be able to provide approximately 500 000 tpy of igneous apatite from its future mining operations to convert them into approximately 190 000 t of value-added phosphoric acid per year,” said John Passalacqua, CEO of the company.

"With the sale of this license, Prayon gives First Phosphate access to a globally recognised technology and testifies to its commitment to transforming a strategic and critical material into high value-added products, while recycling by-products as part of a well-established circular economy," added Benoît Van Massenhove of Prayon SA.

Read the article online at: https://www.worldfertilizer.com/phosphates/03122024/first-phosphate-corp-signs-a-license-agreement-with-prayon-sa/