# First Phosphate: $17M Grant, Drill Results, Feasibility Next Page: https://stenobird.com/podcast/rock-stock-channel-633474/first-phosphate-17m-grant-drill-results-feasibility-next Text version: https://stenobird.com/podcast/rock-stock-channel-633474/first-phosphate-17m-grant-drill-results-feasibility-next.md Podcast: [Rock Stock Channel](https://stenobird.com/podcast/rock-stock-channel-633474) Published: 2026-04-06T21:00:00+00:00 Episode link: https://rockstockchannel.podbean.com/e/first-phosphate-17m-grant-drill-results-feasibility-next/ Audio file: https://mcdn.podbean.com/mf/web/x3r6wcwcuwjuwnn8/4-first.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/rock-stock-channel-633474/episodes/first-phosphate-17m-grant-drill-results-feasibility-next Duration seconds: 1301 ## Resource John Passalacqua, CEO of First Phosphate, discusses the latest drilling results, project progress, and the growing importance of phosphate in the lithium iron phosphate (LFP) battery supply chain. With LFP batteries rapidly becoming the dominant chemistry for energy storage and EVs, phosphate is emerging as a critical battery material. The conversation covers the company’s 40,000m drill program, government backing, feasibility plans, and why North America and Europe are racing to secure domestic supply. Key topics include LFP battery demand, critical minerals strategy, phosphate market trends, and the shift from exploration to development. Follow First Phosphate:X - https://x.com/FirstPhosphateLinkedIn - https://www.linkedin.com/company/first-phosphate/ Chapters (00:00) Introduction(03:29) Resource Expansion Insights(05:47) Next Steps And Feasibility(07:32) New Zones Potential(09:12) Government Grant Context(10:53) Phosphate Strategic Importance(12:26) Grant Significance Explained(15:03) ADR Listing Benefits(15:51) Investor Perspective Shift(17:18) LFP Market Demand(18:43) Sulfur Supply Strategy(19:51) Closing Remarks Sponsors Lithium Royalty Corp (TSX: LIRC) Diversified lithium royalty portfolio Website: https://www.lithiumroyaltycorp.com/X: https://x.com/Lithium_Royalty USCF Investments Commodity-focused ETFs, including CPER (copper), ZSB (battery metals), USG (gold), and SDCI (diversified commodities) Website: https://www.uscfinvestments.com/X: https://x.com/USCFInvestments Links Sign up for the Lithium-Ion Bull newsletter / Matt’s blogs: https://rkequity.com/ Questions: rockstockchannel@rkequity.com Patreon: https://www.patreon.com/rockstockchannel Podcast Apple Podcasts: https://podcasts.apple.com/us/podcast/lithium-ion-rocks/id1457969172Spotify: https://open.spot… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/rock-stock-channel-633474/episodes/first-phosphate-17m-grant-drill-results-feasibility-next/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/rock-stock-channel-633474/first-phosphate-17m-grant-drill-results-feasibility-next.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.